{"schema_version":"secwatch.filing_event.v1","accession":"0001393311-24-000166","form_type":"8-K","ticker":"PSA","cik":"0001393311","company_name":"Public Storage","filed_at":"2024-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.887539+00:00","generated_at":"2026-05-31T15:09:07.556663+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Public Storage Q2 net income $2.66/sh; core FFO $4.23; cuts 2024 outlook","bullets":["Net income $468.4M ($2.66/diluted) vs $528.3M ($3.00) YoY; core FFO $4.23 vs $4.28.","Same-store revenue -1.0%, NOI -1.6%; occupancy 93.0% vs 93.5%; realized rent per occ. sq ft $22.54.","Repurchased $200M common shares at avg $275/sh; issued €150M notes (4.080%) and $1B senior notes.","2024 guidance lowered: same-store NOI growth now (3.0)-(1.3)% from prior (2.4)-0.7%; non-same store NOI cut.","CEO cites industry-wide competition impacting move-in rents; signs of stabilization noted."],"urls":{"canonical":"https://secwatch.observer/filing/0001393311-24-000166","json":"https://secwatch.observer/filing/0001393311-24-000166.json","markdown":"https://secwatch.observer/filing/0001393311-24-000166.md","text":"https://secwatch.observer/filing/0001393311-24-000166.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1393311/000139331124000166/0001393311-24-000166-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1393311/000139331124000166/psa-20240730.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T15:09:07.556663+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}