COPT Defense (CDP) Q1 FFO and Revenues Top Estimates

COPT Defense (CDP) came out with quarterly funds from operations (FFO) of $0.62 per share, beating the Zacks Consensus Estimate of$ 0.60 per share. This compares to FFO of $0.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 3.33%. A quarter ago, it was expected that this real estate investment trust specializing in suburban office properties would post FFO of$ 0.61 per share when it actually produced FFO of $0.62, delivering a su ...