PS Business Parks (PSB) Tops Q3 EPS by 1c
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October 27, 2015 5:18 PM EDT
GLENDALE, Calif--(BUSINESS WIRE)--
PS Business Parks, Inc. (NYSE: PSB) reported operating results for the
third quarter ended September 30, 2015.
Funds from operations (FFO) were $41.4Â million, or $1.20 per share, as
adjusted, for the three months ended September 30, 2015, an increase of
$225,000 from the three months ended September 30, 2014 of $41.2
million, or $1.20 per share, as adjusted. FFO was $121.6 million, or
$3.53 per share, as adjusted, for the nine months ended September 30,
2015, a decrease of $1.5 million from the nine months ended September
30, 2014 of $123.1Â million, or $3.58 per share, as adjusted. The
nine-month decrease in FFO was due to a decrease in net... More
