PS Business Parks Q2 FFO Rises - Quick Facts

(RTTNews) - PS Business Parks Inc. (PSB) Monday reported second-quarter FFO of $38.0 million or $1.19 per share, up from $37.3 million or $1.18 per share in the same period last year.

On average, four analysts polled by Thomson Reuters expected the company to earn $1.21 per share for the quarter. Analysts' estimates typically exclude special items.

Net income allocable to the company increased to $23.86 million or $0.36 per share from $22.71 million or $0.06 per share last year.

Operating revenues totaled $88.09 million, up from $85.79 million last year. Analysts expected revenues of $87.89 million.