Corporate Office Properties Trust (OFC) Reports Q1 Revenues Beat
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COPT Reports First Quarter 2021 Results; Raises Midpoint of Full Year Guidance by 3-Cents, Implying 4.7% Growth
April 29, 2021 4:16 PM EDTStronger Outlook for Same-Property Cash NOI and Interest Savings from Senior Notes Refinancing Boost 2021 Expectations
EPS of ($0.06) Exceeded High End of Guidance by 1-Cent;
FFO per Share, as Adjusted for Comparability, of $0.56 was at the High End of Guidance
Raising Same-Property Cash NOI Guidance for the Year by 100 Basis Points, to (1%)-1%
Same-Property Cash NOI Declined 2.7% in the Quarter, Consistent with Guidance
Core Portfolio 94.0% Occupied & 94.9% Leased
46,000 SF of 100% Leased Development Placed into... More
