8-KEarnings & ResultsExhibits & Filings

Public Storage 8-K Report, Financial Results (May 8, 2009)

Filed May 8, 2009For Securities:PSAPSA-PRPSA-PFPSA-PGPSA-PHPSA-PIPSA-PJPSA-PMPSA-PNPSA-POPSA-PPPSA-PQPSA-PSPSA-PKPSA-PL

Summary

Public Storage (PSA) filed an 8-K on May 7, 2009, reporting its financial results for the first quarter ended March 31, 2009. The primary purpose of this filing was to make public the company's earnings announcement, which was made via a press release filed as an exhibit to this report. Investors would look to this filing for updates on the company's performance during a period of economic uncertainty. While the 8-K itself doesn't contain detailed financial tables, it serves as the official notification and filing of the quarterly earnings press release. Investors seeking specifics on revenue, net income, funds from operations (FFO), occupancy rates, and any forward-looking guidance would need to refer to the accompanying Exhibit 99.1, the press release itself. This filing is standard procedure for publicly traded companies to disseminate their latest financial performance information to the market.

Key Highlights

  • 1Public Storage filed an 8-K on May 7, 2009, to report its Q1 2009 financial results.
  • 2The report officially disseminates the company's press release dated May 7, 2009, detailing Q1 2009 financial performance.
  • 3The press release (Exhibit 99.1) is the primary source of detailed financial information for investors from this filing.
  • 4This filing serves as an official record of Public Storage's financial reporting for the quarter ending March 31, 2009.
  • 5The content is not deemed 'filed' for Section 18 liability purposes, but is furnished.
  • 6John Reyes, Chief Financial Officer, signed the report on behalf of Public Storage.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially report Public Storage's financial results for the first quarter ended March 31, 2009, by including the company's earnings press release as an exhibit.

The detailed financial results, including revenue, net income, and other operational metrics for Q1 2009, are located in the press release filed as Exhibit 99.1 to this 8-K report.

This specific 8-K filing itself primarily serves to report past financial results. Any forward-looking statements or guidance would be contained within the accompanying press release (Exhibit 99.1), which should be reviewed for such information.

The statement indicates that while the information is being publicly disclosed through the SEC filing, it is not subject to the same level of liability under Section 18 of the Exchange Act as if it were formally 'filed'. This is a common distinction for earnings releases furnished as exhibits.