Reports Q4 revenue $225.33M, consensus $215.34M. “In addition to continued strong performance from our property portfolio, Q4 was one of the most productive in Cousins’ history,” said Colin Connolly, President and Chief Executive Officer of Cousins Properties (CUZ). “We invested almost $1B into trophy lifestyle office properties in our Sun Belt markets. These transactions were immediately accretive to earnings and were funded on a leverage neutral basis, allowing us to maintain our best-in-class balance sheet with significant liquidity for additional investments.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CUZ:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue