NYSE$CUZ
Cousins Properties Inc · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Reported fourth quarter and full year 2020 results and provided initial 2021 earnings guidance.
Cousins Properties reported net income of $0.07 per share and FFO of $0.68 per share for Q4 2020. The company made significant investments in Charlotte and remains confident in its Sun Belt strategy.
- Net income was $0.07 per share for the quarter and $1.60 for the year.
- Funds from operations was $0.68 per share for the quarter and $2.78 for the year.
- Same property net operating income on a cash basis decreased 3.3% for the quarter and increased 0.7% for the year.
- Executed 387,611 square feet of office leases during the quarter and 1,421,213 square feet during the year.
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
For the year ending December 31, 2021, the Company expects to report net income in the range of $0.83 to $0.93 per share and FFO in the range of $2.76 to $2.86 per share. This guidance does not include any property acquisitions, property dispositions, or development starts during 2021. In addition, this guidance assumes physical occupancy remains significantly below normalized levels until the second half of 2021.
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 Q4 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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