COPT Defense Q1 2024 FFO $0.62 Beats $0.61 Estimate, Sales $193.266M Beat $170.519M Estimate
Portfolio Pulse from Benzinga Newsdesk
COPT Defense (NYSE:CDP) reported Q1 2024 FFO of $0.62 per share, surpassing the $0.61 estimate, and sales of $193.266M, exceeding the $170.519M estimate. This represents a 5.08% increase in earnings and a 15.38% increase in sales compared to the same period last year.
April 25, 2024 | 8:29 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
COPT Defense reported a strong Q1 2024 with FFO and sales both exceeding analyst estimates, indicating robust financial health and growth.
Beating both FFO and sales estimates suggests COPT Defense is performing well above market expectations, which typically leads to positive investor sentiment and potentially an increase in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100