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Cousins Properties Beats Estimates
Posted on February 22, 2012 at 08:25 AM EST
Cousins Properties Inc. (NYSE:CUZ), a real estate investment trust (REIT), reported fourth quarter 2011 FFO (fund from operations) loss of $110.2 million or $1.06 per share, compared with FFO of $10.0 million or $0.10 in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding [...]

Cousins Properties Inc. (NYSE:CUZ), a real estate investment trust (REIT), reported fourth quarter 2011 FFO (fund from operations) loss of $110.2 million or $1.06 per share, compared with FFO of $10.0 million or $0.10 in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation, amortization and other non-cash expenses to net income.
Excluding certain non-recurring items, recurring FFO for the reported quarter was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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