Cousins Properties (CUZ) Tops Q2 EPS by 9c

Cousins Properties (NYSE: CUZ) reported Q2 EPS of $0.16, $0.09 better than the analyst estimate of $0.07. Revenue for the quarter came in at $268.53 million versus the consensus estimate of $263.27 million.

Earnings Guidance
For year ending December 31, 2026:
• Net income between $0.08 and $0.14 per share, up from $0.02 and $0.10 per share.
• FFO between $2.92 and $2.98 per share, up from $2.90 and $2.98 per share.
• The increase in FFO per share is primarily driven by leasing activity that exceeded our prior forecast and the transaction activity discussed above.
• Guidance assumes the 2.9 million common shares previously issued on a forward basis are settled during the third quarter.
• Guidance assumes the sale of our 303 Tremont land parcel during the fourth quarter.
• Guidance does not include any speculative property acquisitions, dispositions, or development starts.
• Guidance reflects management’s current plans and assumptions as of the date of this earnings release and are subject to change as well as the risks and uncertainties more fully described in our SEC filings. Actual results could differ materially from this
guidance.

For earnings history and earnings-related data on Cousins Properties (CUZ) click here.

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