COPT Defense Properties (CDP) Misses Q4 EPS by 5c; offers guidance

COPT Defense Properties (NYSE: CDP) reported Q4 EPS of $0.26, $0.05 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $179.3 million versus the consensus estimate of $159.09 million.

GUIDANCE:

COPT Defense Properties sees Q1 2024 EPS of $0.26-$0.28.

FFOPS - Nareit and as adjusted for comparability, in the range of $0.59−$0.61.

COPT Defense Properties sees FY2024 EPS of $1.15-$1.23.

Diluted FFO per share (“FFOPS”) - Nareit and as adjusted for comparability, in the range of $2.47−$2.55.

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

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