COPT Reports First Quarter 2019 Results
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Corporate Office Properties Trust (OFC) Tops Q1 EPS by 3c, Revenues Beat; Lowers FY19 EPS Guidance Below Consensus, Q2 EPS Guidance Below Consensus
April 30, 2019 5:12 PM EDTCorporate Office Properties Trust (NYSE: OFC) reported Q1 EPS of $0.19, $0.03 better than the analyst estimate of $0.16. Revenue for the quarter came in at $148.94 million versus the consensus estimate of $132.5 million.
EPS of $0.19 Exceeds Guidance; FFO per Share of $0.50 Meets High-End of RangeStrong Same-Property Cash NOI Growth of 4.7%Core Portfolio 92.8% Occupied & 93.7% LeasedSolid Tenant Retention of 71.3%181,000... More