Cousins Properties (CUZ) Q2 FFO Beats Estimates, '24 View Raised
Cousins Properties(CUZ) ZACKS·2024-07-26 17:30Results reflect decent leasing activity and better-than-anticipated revenues. However, rental property operating and interest expenses increased year over year.CUZ also raised its 2024 outlook for FFO per share. As per Cousins Properties' president & CEO, Colin Connolly, "We had another solid quarter, driven by improving office fundamentals in our Sun Belt markets." The CEO also pointed out that "Demand for highlyamenitized lifestyle office space continues to accelerate while supply has contracted. As the m ...