PS Business Parks (PSB) Tops Q1 EPS by 29c, Revenues Beat
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PS Business Parks, Inc. Reports Results for the Quarter Ended March 31, 2019
April 30, 2019 5:07 PM EDTGLENDALE, Calif.--(BUSINESS WIRE)-- PS Business Parks, Inc. (NYSE: PSB) reported operating results for the three months ended March31,2019.
Operating Results for the Three Months Ended March 31, 2019
Net income allocable to common shareholders was $26.3million, or $0.96 per diluted common share, for the three months ended March 31, 2019, a decrease of $19.7million, or 42.8%, from $46.0million, or $1.69 per diluted common share, for the same period in 2018. The decrease was mainly due to the gain on sale of a real estate facility sold during the first quarter of 2018... More
