Cousins Properties Q2 net income more than doubled to $26.2 million; revenue rises 11.7% to $268.53 million

Reuters2026/07/30 21:09

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Cousins Properties posted Q2 net income of $26.2 million, or $0.16 per share, more than doubled from a year earlier.
FFO rose 7.1% to $124.6 million, or $0.75 per share, as the gain on an investment property sale boosted results.
Same-property cash-basis NOI climbed 5.9%, while executed leasing totaled 924,000 square feet, lifting the portfolio to 92.8% leased.
Closed a new five-year $1.2 billion unsecured credit facility, improving borrowing spreads by 15 basis points on key facilities and loans.
Raised 2026 guidance midpoint, forecasting net income of $0.08-$0.14 per share, FFO of $2.92-$2.98 per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cousins Properties Inc. published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Cousins Properties Q2 net income more than doubled to $26.2 million; revenue rises 11.7% to $268.53 million

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