Public Storage (PSA) announced that its third-quarter net income allocable to common shareholders was $173.5 million or $1.03 per common share, compared to $71.5 million or $0.42 per common share for the same period in 2008.
Funds from operations for the quarter increased to $1.44 per common share, compared to $1.08 per common share for the same period in 2008.
Revenues for the quarter were $412.86 million, compared to $431.17 million in the prior year quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $1.25 per share on revenues of $405.12 million for the quarter. Analysts' estimates typically exclude special items.
On November 5, 2009, Board of Trustees declared a regular common dividend of $0.55 per common share, a dividend of $0.6125 per share on the Equity Shares, Series A and dividends with respect to various series of preferred shares. All the dividends are payable on December 30, 2009 to shareholders of record as of December 15, 2009.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.