Public Storage (PSA) earnings for the quarter ended September 2026: EPS misses estimates
Public Storage reported results for the quarter ended September 2026 on October 26, 2026. Adjusted earnings per share came in at $2.11 against the analysts’ average forecast of $2.29, a miss of 8.2%.
Revenue for the quarter was $1.37 billion, up 11.6% from $1.22 billion in the same quarter a year earlier.
The market’s verdict: the stock rose 0.8% on the first trading day after the report.
The last four quarters
Public Storage has beaten the analysts’ EPS forecast in 2 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $2.11 | $2.29 | −8.2% | +12% | +0.8% |
| Jun 2026 | $2.45 | $2.53 | −2.9% | +3% | −3.9% |
| Mar 2026 | $2.47 | $2.42 | +2.2% | +3% | −3.6% |
| Sep 2025 | $2.62 | $2.54 | +3.1% | +3% | −5.8% |
What comes next
Analysts expect EPS of $2.03 for the next quarter on average and $8.69 for the fiscal year ending December 31, 2026.
The average analyst price target is $343.39, 3% above the current price of $332.59.
Valuation and score
Public Storage scores 1.6 out of 5 overall on Stock Analiz (weak), trades at a trailing P/E of about 34.9, and its intrinsic value under moderate assumptions is about 3% above the current market value. Full Public Storage analysis with 10 years of financials
Frequently asked questions
What was Public Storage’s EPS for the quarter ended September 2026?
$2.11 adjusted per share, against an analyst consensus of $2.29.
How much revenue did Public Storage report?
$1.37 billion, up 11.6% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.