Cousins Properties Inc reports results for the quarter ended in June - Earnings Summary

Cousins Properties

28/07/2023 05:26

* Cousins Properties Inc  CUZ.N  reported quarterly adjusted
earnings of 15 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 16 cents per share.
    * Revenue rose 11.3% to $203.95 million from a year ago;
analysts
expected $201.87 million. 
    * Cousins Properties Inc's reported EPS for the quarter was
15
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Cousins Properties Inc shares had risen by 5.9% this
quarter and
lost 4.5% so far this year.
    * The company reported quarterly net income of $22.62
million.
    * Wall Street's median 12-month price target for Cousins
Properties Inc is $25.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
28 at 04:26 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.65           0.68           Beat
 Mar. 31 2023      0.63           0.65           Beat
 Dec. 31 2022      0.65           0.66           Beat
 Sep. 30 2022      0.66           0.69           Beat