COPT Defense (CDP) Meets Q2 FFO Estimates

分组1 - COPT Defense reported quarterly funds from operations (FFO) of $0.64 per share, matching the Zacks Consensus Estimate, and an increase from $0.60 per share a year ago [1] - The company achieved revenues of $187.34 million for the quarter ended June 2024, exceeding the Zacks Consensus Estimate by 1.96% and up from $169.2 million year-over-year [1] - COPT Defense has surpassed consensus FFO estimates two times and revenue estimates three times over the last four quarters [1] 分组2 - The stock has gained approximately 10.3% since the beginning of the year, compared to the S&P 500's gain of 14.5% [2] - The current consensus FFO estimate for the upcoming quarter is $0.64 on revenues of $185.78 million, and for the current fiscal year, it is $2.55 on revenues of $751.14 million [4] - The estimate revisions trend for COPT Defense is currently favorable, resulting in a Zacks Rank 2 (Buy), indicating expected outperformance in the near future [4] 分组3 - The REIT and Equity Trust - Other industry is currently ranked in the bottom 39% of over 250 Zacks industries, which may impact stock performance [5] - Plymouth Industrial, another company in the same industry, is expected to report quarterly earnings of $0.47 per share, reflecting a year-over-year change of +2.2% [5][6]