PS Business Parks (PSB) Tops Q4 EPS by 24c, Revenues Beat

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Go back to PS Business Parks (PSB) Tops Q4 EPS by 24c, Revenues Beat

PS Business Parks, Inc. Reports Results for the Quarter and Year Ended December 31, 2020

February 22, 2021 4:39 PM EST

GLENDALE, Calif.--(BUSINESS WIRE)-- PS Business Parks, Inc. (NYSE: PSB) reported operating results for the quarter and year ended December 31, 2020.

Operating Results for the Three Months and Year Ended December 31, 2020

Net income allocable to common shareholders for the three months and year ended December 31, 2020 was $26.9 million, or $0.98 per diluted common share, and $124.6 million, or $4.52 per diluted common share, respectively. Net operating income (NOI) attributable to the Companys Same Park portfolio (defined below) was $68.0 million and $270.8 million for the three months and year ended December 31, 2020, respectively, representing... More