Glendale, California-based Public Storage (PSA) acquires, develops, owns, and operates self-storage facilities, which offer storage spaces for lease on a month-to-month basis, for personal and business use. With a market cap of $51 billion, the company is the largest owner and operator of self-storage facilities in the United States.
PSA is scheduled to report its Q2 earnings on Tuesday, July 29. Ahead of the event, analysts expect the company to report an AFFO of $4.23 per share, flat year-over-year from the same quarter last year. The company has surpassed Wall Street's bottom-line estimates in two of the past four quarters, while missing on two occasions.
