Corporate Office Properties Trust (OFC) Misses Q3 EPS by 1c

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Go back to Corporate Office Properties Trust (OFC) Misses Q3 EPS by 1c

COPT Reports 3Q 2022 Results

October 27, 2022 4:16 PM EDT

Reports EPS of $0.27 in 3Q22;
FFO per Share, as Adjusted for Comparability, of $0.58 at Midpoint of Guidance

Core Portfolio 93% Occupied & 95% Leased

1.9 million SF of Active Developments are 91% Leased

Outstanding Leasing

Total Leasing of 857,000 SF in 3Q22 and 2.3 million SF Year-to-Date

Record Level of Quarterly New Leasing Achieved at 351,000 SF

Tenant Retention of 92% in 3Q22 and 72% Year-to-Date

Guidance

Maintains Midpoint of Full-Year... More