Earnings call transcript: COPT Defense Properties tops Q3 2026 estimates
Defence Properties of COPT reported stronger-than-expected Q3 2026 earnings, beating both profit and revenue forecasts set by Wall Street analysts. The real estate investment trust recorded adjusted earnings of $0.41 per share, surpassing the $0.35 estimate, and revenue of $208.76 million, outperforming the $190.74 million forecast.
The shares ended the regular trading session at $33.35, down 2.63%, and stayed flat in after-hours trading. Management raised its full-year 2026 FFO guidance to a midpoint of $2.80 per share and increased same-property cash net operating income growth guidance to 4.25%.
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