PS Business Parks Beats Estimates (BDN) (PSB)
PS Business Parks Inc . ( PSB ) reported second quarter 2011 FFO (fund from operations) of $35.8 million or $1.11 per share compared to $30.7 million or $0.96 per share in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. […]