Cousins Properties narrows FY25 FFO view to $2.75-$2.83 from $2.73-$2.83

Consensus is for FY25 FFO $2.79. The increase in FFO is primarily driven by higher parking income and lower real-estate taxes. Guidance includes the assumed refinancing of the $250.0M Senior Note that matures July 6. Guidance does not include any operating property acquisitions, operating property dispositions, or development starts. Guidance reflects management’s current plans and assumptions as of the date of this earnings release and is subject to the risks and uncertainties more fully described in our SEC filings.