PS Business Parks Reports 7% Rise In Q4 Bottom Line

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

The company said its bottom line climbed to $48.41 million, or $1.39 per share. This was up from $45.15 million, or $1.31 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 3.2% to $97.73 million. This was up from $94.68 million last year.

PS Business Parks earnings at a glance:

-Earnings (Q4): $48.41 Mln. vs. $45.15 Mln. last year. -Earnings Growth (Y-o-Y): 7.2% -EPS (Q4): $1.39 vs. $1.31 last year. -EPS Growth (Y-o-Y): 6.1% -Revenue (Q4): $97.73 Mln vs. $94.68 Mln last year. -Revenue Change (Y-o-Y): 3.2%