COPT Defense: Q1 Earnings Snapshot
The Columbia, Maryland-based real estate investment trust said it had funds from operations of $56 million, or 65 cents per share, in the period.
The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 65 cents per share.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of $34.7 million, or 31 cents per share.
The real estate investment trust specializing in suburban office properties posted revenue of $187.9 million in the period.
For the current quarter ending in June, COPT Defense expects its per-share funds from operations to range from 65 cents to 67 cents.
The company expects full-year funds from operations in the range of $2.63 to $2.69 per share.
The company's shares have dropped 14% since the beginning of the year. In the final minutes of trading on Monday, shares hit $26.69, a rise of 13% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CDP at https://www.zacks.com/ap/CDP
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
41 minutes ago
- Business Upturn
TourOn is Redefining How India Travels—One Personalised Journey at a Time
In a sea of one-size-fits-all travel apps and generic tour packages, one Indian startup is quietly revolutionising the way people experience the world—by putting the traveller at the heart of every journey. Meet TourOn, a Chennai-based experiential travel brand that is reimagining holidays with a simple philosophy: no two travellers are the same, so why should their trips be? Founded in 2018 by Vikash Manoharan, TourOn has handcrafted over 10,000 unique itineraries in just six years, serving Indian and international travellers with one promise—deeply personalised journeys across 60+ countries. The brand has earned a loyal customer base and a growing reputation in the curated travel space. 'We're not here to sell packages—we're here to co-create memories,' says Vikash. 'Every journey begins with a conversation, not a drop-down menu.' Beyond Destinations—TourOn Delivers Discovery From romantic escapes to Bali and family adventures across Europe, to immersive cultural holidays and offbeat Indian trails, TourOn specialises in fully personalised, multi-day experiences. Every customer is paired with a dedicated travel manager who handles everything—from ideation to touchdown—offering real-time support every step of the way. And now, TourOn is taking innovation a step further with the introduction of VR-based travel trails, designed not only for client previews but also to train its in-house travel consultants—ensuring that every itinerary is built on firsthand virtual experience and insight. Built Without Investors, Backed by Heart What sets TourOn apart is that it's 100% bootstrapped. With no external funding, the company has scaled organically—driven by a passionate team operating from Chennai, Bangalore, and Coimbatore. Rather than racing for hyper-growth, TourOn has focused on building trust through empathy, service, and unmatched personal attention. During the pandemic, while many in the industry hit pause, TourOn leaned in—offering flexible bookings, full refunds, and 24/7 support. This approach solidified its reputation as a people-first concierge. 'TourOn isn't just a travel company—it's a personal memory-maker,' says long-time customer Hany Jacob. 'They remember your preferences better than you do!' The Road Ahead Now operating across 60+ countries, TourOn is preparing for expansion into more Indian metros while investing in future-forward tools like virtual reality, AI-assisted planning, and customer experience benchmarking. Additionally, the brand has extended its presence into sports and entertainment, most notably through its association with Punjab Kings, one of the leading franchises in the Indian Premier League—signaling a move toward deeper brand visibility and strategic collaborations. Even as the company evolves, its core mission remains unchanged: To make travel personal again. About TourOn TourOn is an experiential travel company that designs personalised, end-to-end holidays for individuals, couples, families, and corporate groups. Based in Chennai, India, the brand operates in 60+ countries and offers curated travel planning, real human support, and zero templated packages—turning ordinary trips into meaningful adventures. Ahmedabad Plane Crash
Business Upturn
41 minutes ago
- Business Upturn
CONCOR signs MoU with Dubai's RHS Group to boost overseas shipping and logistics sector
Container Corporation of India Ltd (CONCOR) has signed a strategic Memorandum of Understanding (MoU) with Dubai-based Rais Hassan Saadi Group (RHS) on 14th July 2025. This partnership aims to strengthen global shipping and logistics services through integrated and cost-effective multimodal solutions. The MoU focuses on exploring collaborative opportunities in the international logistics sector, especially in enhancing overseas multimodal connectivity. The signing ceremony was attended by Sanjay Swarup, CMD of CONCOR, and Saadi Al Rais, Chairman of RHS Group, alongside senior officials from both sides. This alliance brings together CONCOR's expertise in inland logistics, terminal operations, and supply chain management with RHS Group's global experience in shipping, freight forwarding, and maritime services. It is expected to pave the way for seamless end-to-end logistics services beyond Indian borders. Speaking on the occasion, Swarup highlighted that the collaboration aligns with CONCOR's vision to extend integrated logistics services internationally. Saadi Al Rais also expressed optimism about the partnership and assured top-tier service delivery on behalf of RHS Group. This strategic move is set to enhance global trade efficiency and solidify both CONCOR and RHS Group's positions as leading players in the evolving global logistics and shipping industry. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Insider
an hour ago
- Business Insider
Starbucks (SBUX) Gives Employees Return to Office Ultimatum
Retail coffee chain Starbucks (SBUX) has given its corporate employees an ultimatum: return to the office four days a week starting this October or take a payout from the company and work elsewhere. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. For workers who would prefer to leave the company instead of heading back to the office for an additional day each, Starbucks says that it is offering a 'one-time voluntary exit program with a cash payment.' CEO Brian Niccol outlined the ultimatum in a letter written to all corporate staff at the Seattle-based company. 'We understand not everyone will agree with this approach,' wrote Niccol in the letter. 'We've listened and thought carefully. But as a company built on human connection, and given the scale of the turnaround ahead, we believe this is the right path for Starbucks.' Turnaround Efforts Under Niccol's leadership, Starbucks is undertaking an aggressive turnaround plan to reverse its slumping sales in the U.S. and in key markets around the world such as China. Niccol, who took the helm of the coffee chain last year, is focusing on simplifying Starbucks' menu, improving the coffee shop experience, and reducing service times to four minutes per drink. The turnaround has already impacted Starbucks' corporate staff. Last October, Starbucks told workers that they were at risk of being fired if they didn't return to the office three days each week. In February of this year, the company cut 1,100 jobs and said that it wouldn't fill hundreds of open positions. Starbucks had about 16,000 employees who work outside of its coffee shop locations at the end of 2024. Not Alone Starbucks is one of many U.S.-based companies that is pushing its corporate workers to relocate and spend more time at the office. Last year, Walmart (WMT) told hundreds of corporate employees that they have to relocate to the company's global headquarters in Bentonville, Arkansas. This spring, Google parent company Alphabet (GOOGL) told remote workers that they have to come back to the office three days per week or risk losing their job. So far in 2025, SBUX stock has gained 4%. The company's share price is up 30% in the last 12 months. Is SBUX Stock a Buy? The stock of Starbucks has a consensus Moderate Buy rating among 24 Wall Street analysts. That rating is based on 13 Buy and 11 Hold recommendations issued in the last three months. The average SBUX price target of $96.14 implies 1.26% upside from current levels.
