Cousins Properties shares are trading higher after the company reported better-than-expected Q2 FFO and sales. Additionally, the company raised the midpoint of its FY24 FFO guidance.
Portfolio Pulse from Benzinga Newsdesk
Cousins Properties shares are trading higher after the company reported better-than-expected Q2 FFO and sales. Additionally, the company raised the midpoint of its FY24 FFO guidance.
July 26, 2024 | 4:16 pm
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Cousins Properties shares are trading higher after the company reported better-than-expected Q2 FFO and sales. Additionally, the company raised the midpoint of its FY24 FFO guidance.
The better-than-expected Q2 FFO and sales indicate strong financial performance, which is likely to boost investor confidence. Raising the FY24 FFO guidance midpoint further signals positive future prospects, contributing to the stock's upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100