Public Storage (PSA) Tops Q4 FFI by 3c
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Public Storage Reports Results for the Fourth Quarter and Year Ended December 31, 2018
February 26, 2019 5:15 PM ESTGLENDALE, Calif.--(BUSINESS WIRE)-- Public Storage (NYSE: PSA) announced today operating results for the quarter and year ended December 31, 2018.
Operating Results for the Three Months Ended December 31, 2018
For the three months ended December 31, 2018, net income allocable to our common shareholders was $530.1 million or $3.04 per diluted common share, compared to $334.1 million or $1.92 per diluted common share in 2017 representing an increase of $196.0 million or $1.12 per diluted common share. The increase is due primarily to (i) $183.1 million in aggregate gains due to Shurgard Self Storage SAs... More
