- Cousins Properties press release ( NYSE: CUZ ): Q2 FFO of $0.70 beats by $0.03 .
- Revenue of $185.68M (-0.5% Y/Y) misses by $1.47M .
- “Despite a volatile macro-economic environment, our second quarter results were solid, with strong leasing results,” said Colin Connolly, President and Chief Executive Officer of Cousins Properties. "Given recent dislocation in the capital markets, we firmly believe compelling investment opportunities will emerge. We reduced leverage during the quarter and have significant dry powder to ensure we are ready when they do. While there is some uncertainty in the market, we built Cousins to thrive during all phases of the economic cycle."
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Cousins Properties FFO of $0.70 beats by $0.03, revenue of $185.68M misses by $1.47M