COUSINS PROPERTIES INC
For the period ended Mar 31, 2025. Filed May 1, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 1, 2025
CUZ$30.12+1.8%Stored close · as of Nov 9, 2026
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CONSOLIDATED STATEMENTS OF OPERATIONS
(unaudited; in thousands, except per share amounts)
| Three Months Ended | ||
|---|---|---|
| March 31, | ||
| 2025 | 2024 | |
| Revenues: | ||
| Rental property revenues | $243,027 | $208,818 |
| Fee income | 496 | 379 |
| Other | 6,805 | 44 |
| 250,328 | 209,241 | |
| Expenses: | ||
| Rental property operating expenses | 77,156 | 71,075 |
| Reimbursed expenses | 177 | 140 |
| General and administrative expenses | 10,709 | 9,214 |
| Interest expense | 36,774 | 28,908 |
| Depreciation and amortization | 102,114 | 86,230 |
| Other | 422 | 672 |
| 227,352 | 196,239 | |
| Income (loss) from unconsolidated joint ventures | (1,883) | 348 |
| Gain on investment property transactions | — | 101 |
| Net income | 21,093 | 13,451 |
| Net income attributable to noncontrolling interests | (196) | (163) |
| Net income available to common stockholders | $20,897 | $13,288 |
| Net income per common share — basic and diluted | $0.12 | $0.09 |
| Weighted average common shares — basic | 167,809 | 151,945 |
| Weighted average common shares — diluted | 168,593 | 152,385 |
| See accompanying notes. | ||
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