Cousins Properties Earnings Reports

Cousins Properties delivered higher net income and adjusted EPS in Q2 2025, supported by robust new and expansion leasing, and raised full-year FFO guidance.

Cousins Properties reported a decrease in net income available to common stockholders for the fourth quarter of 2024, primarily attributable to increased depreciation expense. However, Funds From Operations (FFO) increased compared to the fourth quarter of 2023. The company invested almost $1 billion into trophy lifestyle office properties in Sun Belt markets.

Cousins Properties reported a net income of $11.2 million and FFO of $102.3 million. They leased 763,000 square feet, the highest quarterly volume since 2019. The company also completed an unsecured bond issuance and made accretive new investments.

Cousins Properties reported a solid second quarter in 2024, driven by improving office fundamentals in Sun Belt markets. The company is deploying capital into accretive investment opportunities as the market re-balances.

Cousins Properties reported strong first quarter results, driven by same-property performance in its lifestyle office portfolio. The company raised its FFO guidance and received investment grade credit ratings from S&P and Moody's.

Cousins Properties Incorporated reported solid fourth quarter results, with a focus on improving demand for lifestyle office spaces and robust leasing activity. Same property net operating income increased, and the company is well-positioned for the current market with a strong balance sheet.

Cousins Properties reported strong third-quarter results, marked by 548,000 square feet of office leases executed and a 4.6% increase in same property NOI on a cash basis. The company has updated its full-year 2023 FFO guidance to between $2.60 and $2.64 per share.

Cousins Properties reported strong second quarter results driven by customers returning to in-person work. The company's late-stage leasing pipeline remains encouraging. Full year 2023 FFO guidance was raised.

Cousins Properties reported solid increases in same property cash NOI and second generation cash rent growth in the first quarter of 2023. The late-stage leasing pipeline has meaningfully accelerated, including opportunities at the Neuhoff development project in Nashville.

Cousins Properties reported solid fourth-quarter results, with 632,000 square feet of executed leases marking the best quarter of the year. The company's Sun Belt trophy portfolio is well-positioned for the current economic climate, and its industry-leading balance sheet allows it to capitalize on compelling investment opportunities.

Cousins Properties reported a strong third quarter with net income available to common stockholders at $80.6 million, or $0.53 per share, and Funds From Operations (FFO) at $104.4 million, or $0.69 per share. The company also raised its full year 2022 earnings guidance.

Cousins Properties reported second quarter 2022 results with net income available to common stockholders of $34.1 million, or $0.23 per share, and FFO of $104.7 million, or $0.70 per share.

Cousins Properties reported a net income available to common stockholders of $28.0 million, or $0.19 per share, and FFO of $99.4 million, or $0.67 per share, for the quarter ended March 31, 2022.

Cousins Properties reported a strong fourth quarter with high leasing volume and net effective rent. Net income available to common stockholders was $167.3 million, or $1.12 per share, and FFO was $102.8 million, or $0.69 per share.

Cousins Properties reported strong leasing volume with almost 600,000 square feet, and a significant increase in cash net rents on new leases, up 23% compared to replaced leases. The company also raised its 2021 FFO guidance.

Cousins Properties reported a strong second quarter in 2021, driven by improving office fundamentals in Sun Belt markets. Leasing volume increased to pre-Covid levels, with 74% of leases representing new and expansion space. The company raised its 2021 FFO guidance.

Cousins Properties reported a net income of $0.20 per share and FFO of $0.69 per share for the first quarter of 2021. Leasing activity has increased, and the early-stage leasing pipeline has seen significant growth. The company has updated its full-year 2021 net income guidance to $0.74 to $0.84 per share and FFO guidance to $2.68 to $2.78 per share.

Cousins Properties reported net income of $0.07 per share and FFO of $0.68 per share for Q4 2020. The company made significant investments in Charlotte and remains confident in its Sun Belt strategy.

Cousins Properties reported net income per share of $0.19 and funds from operations per share of $0.69 for the third quarter of 2020. Despite a challenging operating environment, the company's financial results are holding up well, and they are beginning to see encouraging signs in leasing activity. The company collected 98.2% of rents during the quarter, including 98.7% from office customers.

Cousins Properties reported solid second quarter results with net income per share of $0.16 and FFO per share of $0.66. The company collected 97% of rents in the second quarter and executed 302,877 square feet of office leases. They also purchased a parking garage in Charlotte for $85.0 million.

Cousins Properties announced first quarter 2020 results, reporting a net income of $1.18 per share and FFO of $0.76 per share. Same property net operating income on a cash basis increased 11.4%. Due to the uncertainty driven by the COVID-19 pandemic, the Company is withdrawing its previous 2020 earnings guidance.

Cousins Properties reported solid fourth-quarter operating results, including 6% same property NOI growth and a 12.6% increase in second-generation rents. Net income available to common stockholders was $117.1 million, or $0.80 per share, and FFO was $106.2 million, or $0.72 per share.