COPT Establishes Full Year and 1Q 2020 Guidance
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Corporate Office Properties Trust (OFC) Tops Q4 EPS by 19c, Revenues Beat; Offers Q1 & FY20 EPS Guidance Below Consensus
February 6, 2020 4:52 PM ESTCorporate Office Properties Trust (NYSE: OFC) reported Q4 EPS of $0.38, $0.19 better than the analyst estimate of $0.19. Revenue for the quarter came in at $157.79 million versus the consensus estimate of $130.7 million.
4th Quarter Financial Results:
Diluted earnings per share (EPS) was $0.38 for the quarter ended December 31, 2019 as compared to $0.16 for the fourth quarter of 2018.Diluted funds from operations per share (FFOPS), as calculated in accordance with Nareits definition, of $0.49 for the fourth quarter of 2019 equaled fourth quarter 2018 results.FFOPS, as adjusted for... More