COPT, which specializes in government and defense-related tenants, said it expects earnings of 2 cents per share to 5 cents per share for the quarter ended Sept. 30. The company, an office real estate investment trust, had said in July that it expected a range of 19 cents per share to 22 cents per share for the third quarter. COPT also revised its funds from operations guidance to 48 cents per share to 51 cents per share, down from the previously issued range of 62 cents per share to 65 cents per share. COPT expects to release earnings on Oct. 27.
- The Real Estate Wonk blog
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