By Maria Armental 
 

Public Storage raised some key financial projections for the year, following a stronger-than-expected performance for the June quarter.

It now sees annual core FFO of $11.90 to $12.30 a share and expects same-store revenue to grow 7% to 8.5%. In April, when it reported first-quarter results, it had projected $11.35 to $11.75 a share in core FFO and 4% to 5% same-store revenue growth it gave in April, when it reported first-quarter results.

 

Write to Maria Armental at maria.armental@wsj.com

 

(END) Dow Jones Newswires

August 03, 2021 16:33 ET (20:33 GMT)

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