COPT Defense (CDP) Q3 FFO and Revenues Surpass Estimates

分组1 - COPT Defense (CDP) reported quarterly funds from operations (FFO) of $0.65 per share, exceeding the Zacks Consensus Estimate of $0.64 per share, and up from $0.60 per share a year ago [1][2] - The company achieved revenues of $189.23 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 0.15% and increasing from $168.56 million year-over-year [3] - COPT Defense shares have increased approximately 26% since the beginning of the year, outperforming the S&P 500's gain of 21.8% [4] 分组2 - The current consensus FFO estimate for the upcoming quarter is $0.66 on revenues of $190.83 million, and for the current fiscal year, it is $2.57 on revenues of $760.39 million [8] - The estimate revisions trend for COPT Defense is favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [7] - The REIT and Equity Trust - Other industry is currently in the top 25% of Zacks industries, suggesting a positive outlook for stocks within this sector [9]