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 Reports Results For The Quarter Ended June 30: Earnings Summary

COPT Defense Properties CDP.N reported quarterly adjusted earnings of 34 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 31 cents.  The mean expectation of three analysts for the quarter was for earnings of 34 cents per share. Wall Street expected results to range from 33 cents to 35 cents per share.

Revenue rose 6.2% to $177.46 million from a year ago; analysts expected $190.30 million.

COPT Defense Properties's reported EPS for the quarter was 34 cents​.

The company reported quarterly net income of $38.24 million.

COPT Defense Properties shares had risen by 1.6% this quarter and lost 9.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.2% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 average consensus recommendation for the commercial reits peer group is also "buy"

Wall Street's median 12-month price target for COPT Defense Properties is $31.00, about 9.8% above its last closing price of $27.95

This summary was machine generated from LSEG data July 28 at 09:49 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.670.68Beat
Mar. 31 20250.650.65Met
Dec. 31 20240.650.64Missed
Sep. 30 20240.640.65Beat

Recent news on Copt Defense Properties

See all news