Public Storage (PSA) Posts Q3 EPS of $1.41
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Public Storage Reports Results for the Three and Nine Months Ended September 30, 2020
November 4, 2020 4:02 PM ESTGLENDALE, Calif.--(BUSINESS WIRE)-- Public Storage (NYSE: PSA) announced today operating results for the three and nine months ended September 30, 2020.
Operating Results for the Three Months Ended September 30, 2020
For the three months ended September 30, 2020, net income allocable to our common shareholders was $246.9 million or $1.41 per diluted common share, compared to $337.4 million or $1.93 per diluted common share in 2019 representing a decrease of $90.5 million or $0.52 per diluted common share. The decrease is due primarily to (i) a $57.5 million decrease due to the impact of foreign currency exchange... More
