Results for 4 th Quarter + FY 2024 2025 Guidance FEBRUARY 6, 2025 Change Presentation Title on First Master Slide Table of Contents RESULTS FOR 4TH QUARTER + FY 2024 > Page 3 2025 GUIDANCE > Page 5 FACTORS SUPPORTING GROWTH > Page 7 PORTFOLIO UPDATE > Page 15 CONTINUED GROWTH THROUGH 2026 > Page 20 | | 4Q24 | FY 2024 | | --- | --- | --- | | FFOPS, as adjusted for comparability | $0.65 | $2.57 | | > 6-cents above the initial midpoint of guidance | | | | > Met or exceeded guidance each quarter over the past 2 ...

Core Insights - COPT Defense reported revenue of $183.43 million for the quarter ended December 2024, marking a year-over-year increase of 2.1% [1] - The earnings per share (EPS) for the same period was $0.65, compared to $0.30 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of $181.8 million, resulting in a surprise of +0.90% [1] - The company experienced an EPS surprise of -1.52%, with the consensus EPS estimate being $0.66 [1] Revenue Breakdown - Revenue from real estate operations was $171.41 million, slightly above the estimated $170.57 million, but represented a -4.6% change year-over-year [4] - Revenue from construction contracts and other services was $12.03 million, significantly below the average estimate of $19.49 million, reflecting a -33.8% year-over-year change [4] Stock Performance - COPT Defense shares returned -2% over the past month, while the Zacks S&P 500 composite increased by +2.1% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance compared to the broader market in the near term [3]

Company Performance - COPT Defense (CDP) reported quarterly funds from operations (FFO) of $0.65 per share, missing the Zacks Consensus Estimate of $0.66 per share, but showing an increase from $0.62 per share a year ago [1] - The quarterly report indicates an FFO surprise of -1.52%, while the previous quarter had a positive surprise of 1.56% with an actual FFO of $0.65 against an expected $0.64 [2] - The company posted revenues of $183.43 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.90% and increasing from $179.73 million year-over-year [3] Market Outlook - COPT Defense shares have declined approximately 5.7% since the beginning of the year, contrasting with the S&P 500's gain of 3.1% [4] - The current consensus FFO estimate for the upcoming quarter is $0.66 on revenues of $181.92 million, and for the current fiscal year, it is $2.67 on revenues of $741.17 million [8] - The estimate revisions trend for COPT Defense is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [7] Industry Context - The REIT and Equity Trust - Other industry, to which COPT Defense belongs, is currently ranked in the bottom 34% of over 250 Zacks industries, suggesting potential challenges ahead [9] - Another company in the same industry, Gladstone Land (LAND), is expected to report a quarterly earnings decline of 26.7% year-over-year, with revenues anticipated to drop 17.2% from the previous year [10][11]

EXHIBIT 99.1 COPT Defense Properties Supplemental Information + Earnings Release - Unaudited For the Period Ended 12/31/24 | OVERVIEW | Summary Description | 1 | | --- | --- | --- | | | Equity Research Coverage | 2 | | | Selected Financial Summary Data | 3 | | | Selected Portfolio Data | 5 | | FINANCIAL | Consolidated Balance Sheets | 6 | | STATEMENTS | Consolidated Statements of Operations | 7 | | | Funds from Operations | 8 | | | Diluted Share + Unit Computations | 9 | | | Adjusted Funds from Operations | ...

SAN FRANCISCO, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Advisor Access spoke at length with Stephen E. Budorick, president and CEO. Advisor Access: How would you describe COPT Defense Properties’ niche position among REITs? Stephen Budorick: COPT Defense’s business model focuses on owning properties and developable land (Defense/IT Properties) near key United States defense installations whose missions have been and continue to be Department of Defense spending priorities such as Intelligence, Surveillance and Rec ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Shares of beneficial interest, $0.01 par value CDP New York Stock Exchange FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period ...

COPT Defense Properties (NYSE:CDP) Q3 2024 Earnings Conference Call October 29, 2024 12:00 PM ET Company Participants Venkat Kommineni - VP, IR Steve Budorick - President and CEO Britt Snider - EVP and COO Anthony Mifsud - EVP and CFO Conference Call Participants Steve Sakwa - Evercore ISI Blaine Heck - Wells Fargo Michael Griffin - Citi Tom Catherwood - BTIG Richard Anderson - Wedbush Securities Peter Abramowitz - Jefferies Dylan Burzinski - Green Street Operator Welcome to the COPT Defense Properties Thir ...

COPT Defense (CDP) reported $189.23 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 12.3%. EPS of $0.65 for the same period compares to -$1.94 a year ago.The reported revenue represents a surprise of +0.15% over the Zacks Consensus Estimate of $188.95 million. With the consensus EPS estimate being $0.64, the EPS surprise was +1.56%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to de ...

COPT Defense (CDP) came out with quarterly funds from operations (FFO) of $0.65 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to FFO of $0.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 1.56%. A quarter ago, it was expected that this real estate investment trust specializing in suburban office properties would post FFO of $0.64 per share when it actually produced FFO of $0.64, delivering no s ...

3C intlus 2 III 图 | 2011 0.00 SUPPLEMENTAL INFORMATION PACKAGE COPT DEFENSE PROPERTIES Exhibit 99.1 COPT Defense Properties Supplemental Information + Earnings Release - Unaudited For the Period Ended 9/30/24 and other terms we use herein that may not be customary or commonly known. OVERVIEW Summary Description 1 Equity Research Coverage 2 Selected Financial Summary Data 3 Selected Portfolio Data 5 FINANCIAL STATEMENTSConsolidated Balance Sheets 6 Consolidated Statements of Operations 7 Funds from Operation ...