Cousins Properties Q4 Profit Declines - Quick Facts

(RTTNews) - Cousins Properties Incorporated (CUZ) reported that its fourth-quarter net income available to stockholders decreased to $2.1 million, or $0.01 per share, from $30.1 million, or $0.29 per share, last year. FFO was $34.3 million, or $0.18 per share, for the quarter.

On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.16 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $79.52 million, from $36.33 million, a year ago. Analysts expected revenue of $71.52 million for the quarter.