{"schema_version":"secwatch.filing_event.v1","accession":"0001393311-24-000108","form_type":"8-K","ticker":"PSA","cik":"0001393311","company_name":"Public Storage","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.209140+00:00","generated_at":"2026-06-03T04:14:45.397150+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Public Storage Q1 net income down 1.8% to $2.60 EPS; Core FFO $4.03, down 1.2% YoY","bullets":["Net income allocable to common shareholders $459.2M ($2.60 diluted EPS) vs $467.6M ($2.65) in Q1 2023.","Core FFO per diluted share $4.03, down 1.2% YoY from $4.08.","Same Store revenue +0.1%, NOI -1.5% as expenses grew 4.8% (property taxes +7.4%, marketing +40.4%).","Issued $1.0B senior notes (floating $700M due 2027, fixed $300M 5.350% due 2053) and €150M 4.080% notes due 2039; repaid $700M and €100M notes.","FY2024 Core FFO guidance $16.60-$17.20 per share (-1.7% to +1.8% growth); Same Store NOI growth -2.4% to +0.7%."],"urls":{"canonical":"https://secwatch.observer/filing/0001393311-24-000108","json":"https://secwatch.observer/filing/0001393311-24-000108.json","markdown":"https://secwatch.observer/filing/0001393311-24-000108.md","text":"https://secwatch.observer/filing/0001393311-24-000108.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1393311/000139331124000108/0001393311-24-000108-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1393311/000139331124000108/psa-20240430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T04:14:45.397150+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"47e1a9b5ed7bf68c9745a119c7e02c782cd1aeca","claim":"Public Storage reported the three months ended March 31, 2024 results: net income $2.60 per diluted common share, EPS $2.60.","evidence_excerpt":"Reported net income allocable to common shareholders of $2.60 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1393311/000139331124000108/0001393311-24-000108-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Net income","value":"$2.60 per diluted common share"},{"label":"EPS","value":"$2.60"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}