COPT Defense (CDP) Meets Q2 FFO Estimates

COPT Defense (CDP) came out with quarterly funds from operations (FFO) of $0.64 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.60 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate investment trust specializing in suburban office properties would post FFO of $0.60 per share when it actually produced FFO of $0.62, delivering a surprise of 3.33%.Over the last four quarters, the company has surpassed co ...