Public Storage Profit, Revenue Rise
October 30 2018 - 5:50PM
Dow Jones News
By Patrick Thomas
Public Storage (PSA) reported a jump in its third-quarter profit
due to a bump in revenue.
The Glendale, Calif.-based company reported a profit of $378
million, or $1.85 cents a share, compared with $356.7 million, or
$1.61 a share, a year ago. Analysts polled by FactSet were
expecting $1.85 a share in profit.
Revenue rose to $706.4 million from $686.4 million a year
earlier. Analysts expected $709 million of revenue for the
quarter.
Write to Patrick Thomas at patrick.thomas@wsj.com
(END) Dow Jones Newswires
October 30, 2018 17:35 ET (21:35 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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