Public Storage (PSA) Q2 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.554 Greetings and welcome to Public Storage second quarter 2026 earnings conference call. 00:00:05.554 -- 00:00:09.176 At this time, all participants are on a listen-only mode. 00:00:09.176 -- 00:00:13.778 A question and answer session will follow the formal presentation. 00:00:13.778 -- 00:00:18.640 At that time, if you'd like to ask a question, please press star 1 on your telephone 00:00:18.640 -- 00:00:23.603 keypad. If anyone should require operator assistance during the conference, please press 00:00:23.603 -- 00:00:29.001 star 0 on your telephone keypad. As a reminder, this conference is being recorded. 00:00:29.001 -- 00:00:33.424 I would now like to turn the comments over to your host, Jed Roggin. 00:00:33.424 -- 00:00:36.145 Thank you. You may begin. 00:00:39.269 -- 00:00:43.892 Thank you, operator. Hello, everyone, and thank you for joining us for our second quarter 00:00:43.892 -- 00:00:48.976 2026 earnings call. I'm here with Tom Boyle and Joe Fisher. 00:00:48.976 -- 00:00:52.999 Before we begin, we want to remind you that certain matters discussed during this call 00:00:52.999 -- 00:00:57.883 may constitute forward-looking statements within the meaning of the federal securities 00:00:57.883 -- 00:01:04.295 laws. These forward-looking statements are subject to certain economic risks and uncertainties. 00:01:04.295 -- 00:01:09.780 All forward-looking statements speak only as of today, July 30, 2026, 00:01:09.780 -- 00:01:15.005 and we assume no obligation to update, revise, or supplement statements that become 00:01:15.005 -- 00:01:20.510 untrue because of subsequent events. A reconciliation to GAAP of the non-GAAP 00:01:20.510 -- 00:01:25.235 financial measures we provide on this call is included in our earnings release. 00...