Similar companies
Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 213M | 1.8% |
Gross Profit | 130M | 4.3% |
Cost of Revenue | 83M | 1.9% |
Operating expense | 12M | 8.6% |
Net Income | 7.8M | 41% |
EBITDA | 133M | 3.5% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 7.7B | 0.2% |
Total Liabilities | 3.22B | 1.7% |
Total Equity | 4.45B | 0.8% |
Shares Outstanding | 152M | 0% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 126M | 343.6% |
Cash from investing | -97M | 15.9% |
Cash from financing | -28M | 150.3% |
EPS
Financial Highlights for Cousins Properties in Q2 '24
Cousins Properties reported a revenue of 213M, which is a 1.8% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 130M, marking a 4.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 83M, a -1.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 12M, showing a -8.6% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 7.8M, showing a -41% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 133M, showing a 3.5% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Cousins Properties faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.