PS Business Parks Earnings Climb 20% In Q3

(RTTNews) - PS Business Parks (PSB) announced a profit for its third quarter that gained ground from last year.

The company said its bottom line totaled $49.59 million, or $1.43 per share. This was up from $41.39 million, or $1.20 per share, in last year's third quarter.

The company said revenue for the quarter rose 4.3% to $97.47 million. This was up from $93.45 million last year.

PS Business Parks earnings at a glance:

-Earnings (Q3): $49.59 Mln. vs. $41.39 Mln. last year. -Earnings Growth (Y-o-Y): 19.8% -EPS (Q3): $1.43 vs. $1.20 last year. -EPS Growth (Y-o-Y): 19.2% -Revenue (Q3): $97.47 Mln vs. $93.45 Mln last year. -Revenue Change (Y-o-Y): 4.3%