COPT Defense Properties expected to post earnings of 33 cents a share - Earnings Preview

Reuters
05 Feb
COPT Defense Properties <cdp.n> expected to post earnings of 33 cents a share - Earnings Preview </cdp.n>
  • 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 ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

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. 30 2023

0.60

0.60

0.60

Met

-0.2

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)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10