Cousins Properties' Q3 FFO Meets Estimates, '24 View Raised

Cousins Properties (CUZ) reported third-quarter 2024 funds from operations (FFO) per share of 67 cents, in line with the Zacks Consensus Estimate. The figure improved by 3.1% on a year-over-year basis. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Results reflected strong leasing activity and higher rent realizations amid rising demand for office spaces. However, rise in interest expenses year over year undermine the results to some extent. CUZ also raised its 2024 outlook for FF ...