Cousins Properties Incorporated (CUZ) Wednesday reported first-quarter funds from operations or FFO of $11.4 million or $0.11 per share, compared to $13.4 million or $0.13 per share last year.
On average, 6 analysts polled by Thomson Reuters expected FFO $0.12 per share for the quarter. Analysts' estimates typically exclude special items
Net income available to common stockholders was $53.1 million or $0.51 per share, which compared to a loss of $13.1 thousand or $0.13 per share last year.
Revenues for the quarter was $41.26 million compared to $34.65 million last year. Analysts estimated revenues of $37.98 million for the quarter.
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