Public Storage Income, Sales Way Up From 1996
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Public Storage Inc. posted a $46.5-million net income in its third quarter, up 15% from $40.3 million a year earlier.
The Glendale-based company reported sales for its Sept. 30 quarter of $126.4 million, up 44% from $87.5 million a year earlier.
For the nine months, the company posted income of $133.1 million, up 21% from $110.4 million in 1996, and sales of $336.6 million in 1997, up 38% from $244.8 million.
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