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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
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