Cousins Props Q1 2024 FFO $0.65 Beats $0.64 Estimate, Sales $209.241M Beat $199.473M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cousins Properties (CUZ) reported Q1 2024 FFO of $0.65 per share, surpassing the $0.64 estimate, with sales of $209.241M exceeding the $199.473M forecast, marking a 3.21% year-over-year increase.
April 25, 2024 | 8:20 pm
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POSITIVE IMPACT
Cousins Properties exceeded Q1 2024 FFO and sales estimates, showing a 3.21% increase in sales compared to last year.
Beating both FFO and sales estimates, especially with a significant year-over-year sales increase, is a strong positive signal for investors. This performance could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100