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COPT Defense Properties (CDP) Q1 2026 Earnings Call Trans...
SA Transcripts · 2026-04-29 · via All Articles on Seeking Alpha

Q1: 2026-04-27 Earnings Summary

EPS of $0.34 beats by $0.02

 | 

Revenue of

$200.64M

(6.80% Y/Y)

beats by $4.44M

COPT Defense Properties (CDP) Q1 2026 Earnings Call April 28, 2026 12:00 PM EDT

Company Participants

Venkat Kommineni - Vice President of Investor Relations
Stephen E. Budorick - President, CEO & Trustee
Britt Snider - Executive VP & COO
Anthony Mifsud - Executive VP & CFO

Conference Call Participants

Seth Bergey - Citigroup Inc. Exchange Research
Steve Sakwa - Evercore ISI Institutional Equities, Research Division
Blaine Heck - Wells Fargo Securities, LLC, Research Division
William Catherwood - BTIG, LLC, Research Division
Richard Anderson - Cantor Fitzgerald & Co., Research Division
Dylan Burzinski - Green Street Advisors, LLC, Research Division
Anthony Paolone - JPMorgan Chase & Co, Research Division

Presentation

Operator

Welcome to the COPT Defense Properties First Quarter 2026 Results Conference Call. As a reminder, today's call is being recorded. At this time, I will turn the call over to Venkat Kommineni, COPT Defenses Vice President of Investor Relations. Mr. Kommineni, please go ahead.

Venkat Kommineni
Vice President of Investor Relations

Thank you, Dee. Good afternoon, and welcome to COPT Defense's conference call to discuss first quarter results. With me today are Steve Budorick, President and CEO; Britt Snider, Executive Vice President and COO; and Anthony Mifsud, Executive Vice President and CFO. Reconciliations of GAAP and non-GAAP financial measures that management discusses are available on our website in the results press release and presentation and in our supplemental information package. As a reminder, forward-looking statements made during today's call are subject to risks and uncertainties, which are discussed in our SEC filings. Actual events and results can differ materially from these forward-looking statements, and the company does not undertake a duty to update them. Steve?

Stephen E. Budorick
President, CEO & Trustee

Good afternoon, and thank you for joining us. We're off to a solid start in 2026, and all aspects of the business are on track to achieve our