PS Business Parks Bottom Line Rises 14% In Q2

(RTTNews) - PS Business Parks (PSB) announced earnings for its second quarter that rose from last year.

The company said its bottom line came in at $54.1 million, or $1.55 per share. This was higher than $47.3 million, or $1.36 per share, in last year's second quarter.

The company said revenue for the quarter rose 3.8% to $99.92 million. This was up from $96.22 million last year.

PS Business Parks earnings at a glance:

-Earnings (Q2): $54.1 Mln. vs. $47.3 Mln. last year. -Earnings Growth (Y-o-Y): 14.4% -EPS (Q2): $1.55 vs. $1.36 last year. -EPS Growth (Y-o-Y): 14.0% -Revenue (Q2): $99.92 Mln vs. $96.22 Mln last year. -Revenue Change (Y-o-Y): 3.8%