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Copt Defense Properties Earnings Calls
| Release date | Jul 27, 2026 |
| EPS estimate | $0.329 |
| EPS actual | $0.400 |
| EPS Surprise | 21.62% |
| Revenue estimate | 189.361M |
| Revenue actual | 188.806M |
| Revenue Surprise | -0.293% |
| Release date | Apr 27, 2026 |
| EPS estimate | $0.331 |
| EPS actual | $0.340 |
| EPS Surprise | 2.81% |
| Revenue estimate | 185.1M |
| Revenue actual | 192.971M |
| Revenue Surprise | 4.25% |
| Release date | Feb 05, 2026 |
| EPS estimate | $0.330 |
| EPS actual | $0.700 |
| EPS Surprise | 112.12% |
| Revenue estimate | 179.94M |
| Revenue actual | 185.002M |
| Revenue Surprise | 2.81% |
| Release date | Oct 30, 2025 |
| EPS estimate | $0.680 |
| EPS actual | $0.690 |
| EPS Surprise | 1.47% |
| Revenue estimate | 188.793M |
| Revenue actual | 188.795M |
| Revenue Surprise | 0.0013% |
Last 4 Quarters for Copt Defense Properties
Below you can see how CDP performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Oct 30, 2025 |
| Price on release | $27.32 |
| EPS estimate | $0.680 |
| EPS actual | $0.690 |
| EPS surprise | 1.47% |
| Date | Price |
|---|---|
| Oct 24, 2025 | $28.37 |
| Oct 27, 2025 | $28.27 |
| Oct 28, 2025 | $28.00 |
| Oct 29, 2025 | $27.49 |
| Oct 30, 2025 | $27.32 |
| Oct 31, 2025 | $28.17 |
| Nov 03, 2025 | $28.35 |
| Nov 04, 2025 | $28.57 |
| Nov 05, 2025 | $28.79 |
| 4 days before | -3.70% |
| 4 days after | 5.38% |
| On release day | 3.11% |
| Change in period | 1.48% |
| Release date | Feb 05, 2026 |
| Price on release | $32.00 |
| EPS estimate | $0.330 |
| EPS actual | $0.700 |
| EPS surprise | 112.12% |
| Date | Price |
|---|---|
| Jan 30, 2026 | $30.81 |
| Feb 02, 2026 | $30.74 |
| Feb 03, 2026 | $31.06 |
| Feb 04, 2026 | $31.10 |
| Feb 05, 2026 | $32.00 |
| Feb 06, 2026 | $32.45 |
| Feb 09, 2026 | $31.87 |
| Feb 10, 2026 | $32.34 |
| Feb 11, 2026 | $32.39 |
| 4 days before | 3.86% |
| 4 days after | 1.22% |
| On release day | 1.41% |
| Change in period | 5.13% |
| Release date | Apr 27, 2026 |
| Price on release | $32.35 |
| EPS estimate | $0.331 |
| EPS actual | $0.340 |
| EPS surprise | 2.81% |
| Date | Price |
|---|---|
| Apr 21, 2026 | $32.10 |
| Apr 22, 2026 | $31.72 |
| Apr 23, 2026 | $31.92 |
| Apr 24, 2026 | $32.11 |
| Apr 27, 2026 | $32.35 |
| Apr 28, 2026 | $32.09 |
| Apr 29, 2026 | $30.94 |
| Apr 30, 2026 | $31.25 |
| May 01, 2026 | $31.01 |
| 4 days before | 0.779% |
| 4 days after | -4.14% |
| On release day | -0.80% |
| Change in period | -3.40% |
| Release date | Jul 27, 2026 |
| Price on release | $38.27 |
| EPS estimate | $0.329 |
| EPS actual | $0.400 |
| EPS surprise | 21.62% |
| Date | Price |
|---|---|
| Jul 21, 2026 | $37.59 |
| Jul 22, 2026 | $37.34 |
| Jul 23, 2026 | $37.48 |
| Jul 24, 2026 | $38.03 |
| Jul 27, 2026 | $38.27 |
| Jul 28, 2026 | $38.24 |
| Jul 29, 2026 | $38.08 |
| Jul 30, 2026 | $38.35 |
| Jul 31, 2026 | $37.96 |
| 4 days before | 1.81% |
| 4 days after | -0.81% |
| On release day | -0.0784% |
| Change in period | 0.98% |
Copt Defense Properties Earnings Call Transcript Summary of Q2 2026
COPT Defense reported a strong Q2 and first half of 2026 with FFO per share of $0.71 (up 4.4% YoY) — the company's 24th consecutive quarter of YoY FFO/share growth. Same-property cash NOI rose 7.4% in the quarter (6.4% YTD). Management raised the midpoint of 2026 guidance for FFO/share to $2.78, same-property cash NOI growth to 4%, cash rent renewal spreads to 3%, and new investment capital commitments to $335M. Leasing momentum was notable: 139k SF of vacancy leasing in Q2 (231k SF YTD), strong retention (84% H1 average; 79% over the past decade), and a large development and demand pipeline — particularly in Huntsville (Redstone Gateway) where two spec inventory starts (60k SF and 180k SF) were announced to meet accelerated demand related to missile defense, space, and “Golden Dome” programs. The defense budget backdrop is favorable: management views a $1.1T base defense budget as a new run rate, with NDAA progress and additional reconciliation potential providing upside. Balance sheet and capital strategy: management reiterated a preference to fund growth with free cash flow (no planned equity issuance) and retains capacity to fund roughly $300M of equity annually on a leverage-neutral basis.
