Corporate Office Properties Trust (OFC) Tops Q1 EPS by 32c
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COPT First Quarter 2023 Results Exceed Guidance
April 27, 2023 4:16 PM EDT_______________________________________________________________
EPS of $0.70 for 1Q23 and
FFO per Share, as Adjusted for Comparability, of $0.59
Exceeded High-End of Guidance
Narrowed 2023 FFO per Share Guidance, Midpoint Unchanged
Core Portfolio 92.9% Occupied and 95.1% Leased
Same-Property Cash NOI Increased 8.3% in the Quarter
Raising Same-Property Cash NOI Guidance for the Year by 100 Basis Points, to 3%-5%
1.5 million SF of Active Developments are 92% Leased
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Strong Leasing to... More
