COPT Defense Properties (CDP) Reports In-Line Q2 EPS, provides guidance

COPT Defense Properties (NYSE: CDP) reported Q2 EPS of $0.31, in-line with the analyst estimate of $0.31. Revenue for the quarter came in at $187.34 million versus the consensus estimate of $166.25 million.

2024 Guidance

Management is revising its full-year guidance for diluted EPS and diluted FFOPS, per Nareit and as adjusted for comparability, from the prior range of $1.19-$1.25, and $2.51-$2.57, respectively, to new ranges of $1.22-$1.26, and $2.54-$2.58, respectively. Management is establishing third quarter guidance for diluted EPS and diluted FFOPS per Nareit and as adjusted for comparability at $0.30-$0.32 and $0.63-$0.65, respectively.

For earnings history and earnings-related data on COPT Defense Properties (CDP) click here.

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