Copt Defense Properties Reports Results For The Quarter Ended In September: Earnings Summary

Copt Defense Properties

27/10/2023 04:08

* COPT Defense Properties  CDP.N  reported a quarterly
adjusted
loss of $1.94​​ per share for the quarter ended in September.
The mean expectation of four analysts for the quarter was
for earnings of 27 cents per share.
    * Revenue rose 14.1% to $168.56 million from a year ago;
analysts
expected $155.44 million. 
    * COPT Defense Properties's reported EPS for the quarter was
a
loss of $1.94​.
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * COPT Defense Properties shares had fallen by 3.8% this
quarter and lost 11.6% so far this year.
    * The company reported a quarterly loss of $217.18 million.
    * Wall Street's median 12-month price target for COPT
Defense
Properties is $28.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 27 at 03:08 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.60           0.60           Met
 Jun. 30 2023      0.59           0.60           Beat
 Mar. 31 2023      0.57           0.59           Beat
 Dec. 31 2022      0.60           0.60           Met