Corporate Office Properties (OFC) Tops Q2 EPS by 2c, Revises FY Outlook
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Corporate Office Properties Trust (NYSE: OFC) reports Q2 EPS of $0.18, 2 cents better than the analyst estimate of $0.16. Revenues for the quarter were $113 million, versus the consensus of $102.40 million.
The Company’s 2008 EPS guidance has been revised from a range of $.62 to $.70 to a range of $.66 to $.72 per diluted share, due primarily to the inclusion of the second quarter 2008 gain on the sales of real estate properties. (Consensus is $0.77)
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