05:40 PM EDT, 07/25/2024 (MT Newswires) -- Cousins Properties ( CUZ ) reported Q2 funds from operations late Thursday of $0.68 per share, unchanged from a year earlier.
Analysts polled by Capital IQ expected FFO of $0.66.
Revenue for the quarter ended June 30 was $213.0 million, up from $204.3 million a year earlier.
Analysts polled by Capital IQ expected $210.1 million.
For 2024, the real estate investment trust now expects FFO in the range of $2.63 to $2.68 per share, compared with its prior guidance of between $2.60 and $2.67. Analysts polled by Capital IQ expect $2.65.
Shares of Cousins Properties ( CUZ ) were down about 4.7% in after-hours trading.
Price: 24.00, Change: -1.18, Percent Change: -4.69