Corporate Office Properties Trust (OFC) Tops Q2 EPS by 1c

Go back to Corporate Office Properties Trust (OFC) Tops Q2 EPS by 1c

COPT Reports Second Quarter 2018 Results

July 26, 2018 4:16 PM EDT

COLUMBIA, Md.--(BUSINESS WIRE)-- Corporate Office Properties Trust (COPT or the Company) (NYSE: OFC) announced financial and operating results for the second quarter and six months ended June 30, 2018.

Management Comments

We had a strong second quarter during which we completed the lease with the U.S. Government for a 159,000 square foot ATFP-compliant facility known as NoVA Office B, executed three new contracts for build-to-suit projects within our Defense/IT segment, and outperformed our quarterly guidance, stated Stephen E. Budorick, COPTs President & Chief Executive Officer. Increased funding for Defense has... More