Cousins Q3 profit drops 70% to $19.4 million
Send this to a friend
- Staff Atlanta Business Chronicle
Cousins Properties Inc. (NYSE: CUZ)
The Atlanta-based real estate investment trust reported its profit dropped 70 percent in the third quarter.
- Revenue: $89.1 million, up 77%
- Net Income: $19.4 million, down 70%
- Earnings Per Share: 9 cents, down 75%
- Funds From Operations: $41.7 million, up 142%
Read the full earnings statement.
"We continue to string together very solid quarters, driven by continued progress with the implementation of our strategic plan combined with improving office fundamentals in our Sunbelt markets," said Cousins President and CEO Larry Gellerstedt.
Most Popular
- Most popular
- Emailed
- Mobile
- Atlanta named the ‘Sugar Daddy Capital of North America’
- Clock ticks on $1B Turner Field redevelopment
- Krog Street Tunnel art erased to protest money-making event at site
- LIST: Atlanta’s Top 20 Women-Owned Firms
- Krog Street Masquerade (SLIDESHOW) (Video)
- Shannon Mall to be redeveloped into a film and TV studio
- Krog Masquerade promoter says tunnel art removal won’t stop event
- London paper: Falcons release ‘unbelievably bad’ map ahead of game
- NBCSports: Looking more clear Falcons’ coaching change coming
- HowStuffWorks moves headquarters to Ponce City Market
-
Insurance Agency Owner Brightway Insurance | Georgia, North Carolina, Texas -
Vice President for Economic Development and Community Engagement Kennesaw State University | Kennesaw, GA
-
Clerk of Court United States Court of Appeals Eleventh Circuit | Atlanta, GA
-
Work For: ChannelAdvisor ChannelAdvisor | Morrisville, NC -
Carpet Cleaner Stanley Steemer | Atlanta, GA
Featured Property
Comments
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.