COPT Defense Q3 2024 FFO $0.65 Beats $0.64 Estimate, Sales $189.22M Beat $171.43M Estimate
Portfolio Pulse from Benzinga Newsdesk
COPT Defense (NYSE:CDP) reported Q3 2024 earnings per share of $0.65, surpassing the analyst estimate of $0.64. The company's sales reached $189.22 million, exceeding the expected $171.43 million and marking a 12.26% increase from the previous year.
October 28, 2024 | 8:18 pm
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COPT Defense reported Q3 2024 earnings per share of $0.65, beating the analyst estimate of $0.64. Sales were $189.22 million, exceeding the expected $171.43 million and showing a 12.26% increase from last year.
COPT Defense's earnings and sales both exceeded analyst expectations, which is likely to positively impact the stock price in the short term. The significant year-over-year sales growth further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100