Picture of Copt Defense Properties logo

CDP — Copt Defense Properties News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsLarge CapNeutral

Copt Defense Properties Expected To Post Earnings Of 33 Cents A Share: Earnings Preview

* COPT Defense Properties  CDP.N   CDP  is expected to show
a fall
in quarterly revenue when it reports  results on February 6 for
the period ending December 31 2024
    * The Columbia Maryland-based  company is expected to report
a
4.2% decrease in revenue to $172.182 million from $179.73
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data. (SAL is on Rental revenue basis)
    * ​LSEG's mean analyst estimate for COPT Defense Properties
is for
earnings of 33 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $36.00​, above​ its last closing price of $29.16.
​​​

The company's guidance on October 28 2024 for the period ended
December 31 was for Funds Flow from Operations between USD0.64
and USD0.66.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.64        0.64       0.65      Beat    1.1
 Jun. 30 2024  0.63        0.63       0.64      Beat    1.3
 Mar. 31 2024  0.61        0.61       0.62      Beat    1.8​
 Dec. 31 2023  0.61        0.61       0.62      Beat    2
 ​​Sep.        0.60        0.60       0.60      Met     -0.2
 30 2023                                                
 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
 This summary was machine generated February 4 at 21:11 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)

Recent news on Copt Defense Properties

See all news