NYSE$CUZ
Cousins Properties Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Cousins Properties reported solid results with strong leasing results despite a volatile macro-economic environment.
Cousins Properties reported second quarter 2022 results with net income available to common stockholders of $34.1 million, or $0.23 per share, and FFO of $104.7 million, or $0.70 per share.
- Net income available to common stockholders was $34.1 million, or $0.23 per share, compared to $28.2 million, or $0.19 per share, for second quarter 2021.
- Funds From Operations (FFO) was $104.7 million, or $0.70 per share, compared to $102.1 million, or $0.69 per share, for second quarter 2021.
- Same property net operating income (NOI) on a cash-basis decreased 0.2%.
- Executed 588,000 square feet of office leases, including 264,000 square feet of new and expansion leases, representing 45% of total leasing activity.
Headline financials
Revenue & EPS history
Cousins Properties · Revenue · Quarterly
$186M
Revenue by segment
Cousins Properties · $2.51M total across 2 segments · Q2 2022
- Fee Income$2.31M—92.0%
- Other Revenues$201K—8.0%
Forward guidance
Full year 2022 earnings guidance has been updated as follows: Net income between $0.79 and $0.85 per share and FFO between $2.67 and $2.73 per share. Guidance updates are driven by increases in actual and forecast interest rates, partially offset by the Victory land gain as well as anticipated improvements in property NOI.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.4%
Avg return
Earnings day
+0.1%
Avg return
5 days after
+0.8%
Avg return
30 days after
59%
38 / 64 earnings
Positive
+9.7%
Q1 2010
Best reaction
-6.9%
Q2 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.3% | +4.0% | +7.0% | |
| Q4 2025 | -1.2% | -10.8% | -10.5% | |
| Q3 2025 | +0.0% | +0.7% | +0.3% | |
| Q1 2025 | +1.4% | -0.4% | +1.1% | |
| Q4 2024 | +1.8% | -0.7% | -4.8% | |
| Q3 2024 | +0.9% | -1.4% | +1.5% | |
| Q2 2024 | +9.5% | +9.3% | +12.3% | |
| Q1 2024 | -1.1% | -0.8% | -0.9% | |
| Q4 2023 | +4.9% | +8.7% | +8.6% | |
| Q3 2023 | +1.5% | +1.5% | +12.3% | |
| Q2 2023 | +1.1% | -0.8% | -7.0% | |
| Q1 2023 | +4.5% | +0.5% | -4.9% | |
| Q4 2022 | +0.2% | +1.2% | -16.7% | |
| Q3 2022 | +1.1% | +0.5% | +10.0% | |
| Q2 2022 | +2.0% | -0.9% | -7.8% | |
| Q1 2022 | -4.5% | -4.3% | -7.6% | |
| Q4 2021 | -1.9% | -1.9% | +2.6% | |
| Q3 2021 | +0.7% | -0.5% | -2.0% | |
| Q2 2021 | +0.4% | -0.8% | -1.3% | |
| Q1 2021 | +0.4% | +1.0% | +1.6% | |
| Q4 2020 | -0.9% | +0.6% | +6.9% | |
| Q3 2020 | +0.0% | +2.4% | +33.5% | |
| Q2 2020 | +0.5% | +1.6% | -0.9% | |
| Q1 2020 | -6.4% | -8.8% | +0.1% | |
| Q4 2019 | -0.5% | +0.8% | -10.5% | |
| Q3 2019 | +4.4% | +4.1% | +6.1% | |
| Q2 2019 | -3.6% | -2.8% | -7.6% | |
| Q1 2019 | +0.7% | +0.9% | -2.7% | |
| Q4 2018 | +3.4% | +2.9% | +7.7% | |
| Q3 2018 | +2.5% | +2.1% | +0.1% | |
| Q2 2018 | +0.8% | -1.7% | -0.4% | |
| Q1 2018 | +1.1% | +4.2% | +7.0% | |
| Q4 2017 | -1.8% | -0.2% | +1.7% | |
| Q3 2017 | -1.3% | -1.8% | -1.6% | |
| Q2 2017 | +1.6% | +5.9% | +4.2% | |
| Q1 2017 | +0.4% | +0.1% | +0.8% | |
| Q4 2016 | -0.9% | +0.2% | -6.9% | |
| Q3 2016 | -5.8% | -7.1% | +1.0% | |
| Q2 2016 | -3.2% | -1.6% | -0.7% | |
| Q1 2016 | -1.3% | — | — | |
| Q4 2015 | -2.1% | — | — | |
| Q3 2015 | +2.6% | — | — | |
| Q2 2015 | +4.6% | — | — | |
| Q1 2015 | +3.6% | — | — | |
| Q4 2014 | +3.5% | — | — | |
| Q3 2014 | -0.1% | — | — | |
| Q2 2014 | -2.5% | — | — | |
| Q1 2014 | +0.8% | — | — | |
| Q4 2013 | +2.1% | — | — | |
| Q3 2013 | +2.1% | — | — | |
| Q2 2013 | -3.5% | — | — | |
| Q1 2013 | -2.5% | — | — | |
| Q4 2012 | +1.9% | — | — | |
| Q3 2012 | +1.7% | — | — | |
| Q2 2012 | +1.3% | — | — | |
| Q1 2012 | -1.7% | — | — | |
| Q4 2011 | -3.1% | — | — | |
| Q3 2011 | +8.6% | — | — | |
| Q2 2011 | -6.9% | — | — | |
| Q1 2011 | -2.7% | — | — | |
| Q4 2010 | -1.2% | — | — | |
| Q3 2010 | -0.8% | — | — | |
| Q2 2010 | -1.3% | — | — | |
| Q1 2010 | +9.7% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro