OFC - Corporate Office Properties Trust FFO of $0.60 beats by $0.01 revenue of $169.19M beats by $2.47M

2023-07-27 16:33:45 ET

• Corporate Office Properties Trust press release ( NYSE: OFC ): Q2 FFO of $0.60 beats by $0.01 .
• Revenue of $169.19M (-8.9% Y/Y) beats by $2.47M .

• Increased Midpoint of 2023 FFO per Share Guidance by 2-cents to $2.40

  Core Portfolio 93.6% Occupied and 95.0% Leased

  Same-Property Cash NOI Increased 5.8% in 2Q23 and 7.0% Year-to-DateRaising Same-Property Cash NOI Guidance for the Year by 100 Basis Points, to 4.5%-5.5%

  1.5 million SF of Active Developments are 92% Leased

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