COPT Defense (CDP) Q4 FFO Miss Estimates

COPT Defense (CDP) came out with quarterly funds from operations (FFO) of $0.65 per share, missing the Zacks Consensus Estimate of$ 0.66 per share. This compares to FFO of $0.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -1.52%. A quarter ago, it was expected that this real estate investment trust specializing in suburban office properties would post FFO of$ 0.64 per share when it actually produced FFO of $0.65, delivering a s ...