Cousins Properties: Q2 Earnings Snapshot

ATLANTA AP ATLANTA AP Cousins Properties Inc CUZ on Thursday disclosed a key measure of profitability in its second quarter The results met Wall Street expectations The Atlanta-based real estate assets trust revealed it had funds from operations of million or cents per share in the period The average estimate of four analysts surveyed by Zacks Venture Research was for funds from operations of cents per share Funds from operations is a closely watched measure in the REIT industry It takes net income and adds back items such as depreciation and amortization The company declared it had net income of million or cents per share The real estate company based in Atlanta posted revenue of million in the period Its adjusted revenue was million Cousins Properties expects full-year funds from operations to be to per share This story was generated by Automated Insights http automatedinsights com ap using statistics from Zacks Funding Research Access a Zacks stock analysis on CUZ at https www zacks com ap CUZ Source