Cousins Properties (CUZ) Misses Q2 FFO by 1c

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

July 26, 2016 4:16 PM EDT

ATLANTA, July 26, 2016 /PRNewswire/ --

Highlights

Net income per share for the second quarter was $0.04; net income per share before merger costs was $0.05. Funds From Operations per share for the second quarter were $0.21; Funds From Operations per share before merger costs were $0.22. Same property net operating income on a cash basis increased 3.9% during the second quarter. Second generation net rent per square foot on a cash basis increased 4.3% during the second quarter. Leased or renewed 402,213 square feet of office space during the second quarter.... More