Corporate Office Properties Trust (OFC) Reports In-Line Q4 FFO
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COPT Establishes 1Q and Full Year 2019 Guidance
February 7, 2019 4:17 PM ESTCOLUMBIA, Md.--(BUSINESS WIRE)-- Corporate Office Properties Trust (COPT or the Company) (NYSE: OFC) is establishing the following guidance for the year ending December 31, 2019:
Diluted earnings per share (EPS) in the range of $0.62$0.66 Diluted FFO per share (FFOPS), as defined by NAREIT and as adjusted for comparability, in the range of $2.02$2.06For the quarter ending March 31, 2019, the Company is establishing the following guidance:
EPS in the range of $0.14$0.15 FFOPS, as defined by NAREIT and as adjusted for comparability, in the range of... MoreCOPT Reports 4Q and Full Year 2018 Results
February 7, 2019 4:16 PM ESTCOLUMBIA, Md.--(BUSINESS WIRE)-- Corporate Office Properties Trust (COPT or the Company) (NYSE: OFC) announced financial and operating results for the fourth quarter and full year ended December 31, 2018.
Management Comments
Our fourth quarter represented a strong finish to a solid year, stated Stephen E. Budorick, COPTs President & Chief Executive Officer. Leasing further accelerated during the fourth quarter, resulting in nearly 250,000 square feet of vacancy leasing, 377,000 square feet of development leasing, and 700,000 square feet of renewals, resulting in a robust 82% retention rate. For the year, we leased over 4.2 million square... More
