Corporate Office Properties Trust (OFC) Reports Q2 FFO of $0.58

Corporate Office Properties Trust (NYSE: OFC) reported Q2 EPS of $0.58, versus $0.51 reported last year.

2021 Guidance:

Management is increasing its full-year guidance for EPS and FFOPS, per Nareit and as adjusted for comparability from the prior ranges of $0.28-$0.34, $1.68-$1.74, and $2.19-$2.25, respectively, to new ranges of $0.72-$0.76, $1.73-$1.77, and $2.24-$2.28, respectively. Management is establishing guidance ranges for EPS and FFOPS (per Nareit and as adjusted for comparability) for third quarter at $0.19-$0.21 and $0.54-$0.56, respectively, and fourth quarter at $0.21-$0.23 and $0.56-$0.58, respectively. Reconciliations of projected EPS to projected FFOPS, in accordance with Nareit and as adjusted for comparability are as follows:

For earnings history and earnings-related data on Corporate Office Properties Trust (OFC) click here.

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