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

Cousins Properties

27/10/2023 02:41

* Cousins Properties Inc  CUZ.N  reported quarterly adjusted
earnings of 13 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 12 cents per share.
    * Revenue rose 1.7% to $198.43 million from a year ago;
analysts
expected $201.08 million. 
    * Cousins Properties Inc's reported EPS for the quarter was
13
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.1%
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 fallen by 13.5% this
quarter and lost 30.4% so far this year.
    * The company reported quarterly net income of $19.36
million.
    * Wall Street's median 12-month price target for Cousins
Properties Inc is $26.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 27 at 01:41 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.65           0.65           Met
 Jun. 30 2023      0.65           0.68           Beat
 Mar. 31 2023      0.63           0.65           Beat
 Dec. 31 2022      0.65           0.66           Beat