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Cousins Properties (CUZ) Tops Q3 FFO by 1c

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Cousins Properties Reports Results For The Quarter Ended September 30, 2016

November 1, 2016 4:35 PM EDT

ATLANTA, Nov. 1, 2016 /PRNewswire/ -- Cousins Properties Incorporated (NYSE: CUZ) today reported its results of operations for the quarter ended September 30, 2016.

Highlights

Net income for the third quarter was $0.06 per share. Funds From Operations for the third quarter were $0.22 per share; Funds From Operations before merger costs were $0.23 per share. Same property net operating income on a cash basis increased 4.3% during the third quarter. Second generation net rent per square foot on a cash basis increased 9.1% during the third quarter. Leased... More