Copt Defense Properties Expected To Post Earnings Of 27 Cents A Share: Earnings Preview

Copt Defense Properties

25/10/2023 03:03

* COPT Defense Properties  CDP.N   CDP  is expected to show
a rise
in quarterly revenue when it reports  results on October 26. 
    * The Columbia Maryland-based  company is expected to report
 a
7.7% increase in revenue to $158.992 million from $147.69
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for COPT Defense
Properties
is for earnings of 27 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for COPT
Defense
Properties is $28.5​, above​ its last closing price of $23.38.
​​​

The company's guidance on July 27 2023 for the period ended
September 30 was for Funds Flow from Operations between USD0.59
and USD0.61.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.59        0.59       0.60      Beat    1.9
 Mar. 31 2023  0.57        0.57       0.59      Beat    2.8
 Dec. 31 2022  0.60        0.60       0.60      Met     0.7​
 Sep. 30 2022  0.58        0.58       0.58      Met     -0.1
 ​​Jun.        0.57        0.58       0.59      Beat    2
 30 2022                                                
 Mar. 31 2022  0.57        0.57       0.58      Beat    2​
 Dec. 31 2021  0.57        0.57       0.58      Beat    2.1
 Sep. 30 2021  0.56        0.56       0.57      Beat    1.9
 This summary was machine generated October 25 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated