NYSE$CUZ
Cousins Properties Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported third quarter 2020 results.
Cousins Properties reported net income per share of $0.19 and funds from operations per share of $0.69 for the third quarter of 2020. Despite a challenging operating environment, the company's financial results are holding up well, and they are beginning to see encouraging signs in leasing activity. The company collected 98.2% of rents during the quarter, including 98.7% from office customers.
- Net income per share was $0.19.
- Funds from operations per share was $0.69.
- Same property net operating income on a cash basis decreased 3.0% for the quarter and increased 2.1% for the nine months ended September 30, 2020.
- Executed 254,942 square feet of office leases during the quarter and 1,033,602 square feet during the nine months ended September 30, 2020.
Headline financials
Revenue & EPS history
Cousins Properties · Revenue · Quarterly
$183M
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
Due to uncertainty driven by the COVID-19 pandemic, the Company withdrew its earnings guidance in April 2020. However, the Company has continued to provide certain financial information to assist investors as they assess the Company’s outlook for the balance of 2020.
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 Q3 2020
+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% | — | — |
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