OFC - Corporate Office Properties Trust FFO beats by $0.01 beats on revenue; updates Q4 and full year guidance

Corporate Office Properties Trust (NYSE:OFC): Q3 FFO of $0.57 beats by $0.01. Revenue of $174.64M (+12.8% Y/Y) beats by $13.42M. Press Release Management is increasing its full-year guidance for EPS and FFOPS, per Nareit and as adjusted for comparability from the prior ranges of $0.72-$0.76, $1.73-$1.77, and $2.24-$2.28, respectively, to new ranges of $0.76-$0.78, $1.74-$1.76 , and $2.26-$2.28 vs. consensus of $2.22, respectively.  The company is lowering its prior guidance ranges for EPS and FFOPS (per Nareit and as adjusted for comparability) for the fourth quarter from $0.21-$0.23 and $0.56-$0.58, respectively, to $0.20-$0.22 and $0.55-$0.57 vs. consensus of $0.57, respectively.

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Corporate Office Properties Trust FFO beats by $0.01, beats on revenue; updates Q4 and full year guidance