COPT Defense Provides Conference Call Details to Discuss 3Q 2024 Results

Rhea-AI Summary

COPT Defense Properties (NYSE: CDP) has announced the release date and conference call details for its third quarter 2024 results. Key points:

• Results will be released on Monday, October 28, 2024, after market close
• Conference call scheduled for Tuesday, October 29, 2024, at 12:00 p.m. Eastern
• Participants must register for the call to receive dial-in information
• A live webcast will be available on the company's Investors website

COPT Defense is a self-managed REIT focusing on properties near or containing key U.S. Government defense installations. As of June 30, 2024, the company's Defense/IT Portfolio comprised 193 properties, including 24 owned through joint ventures, totaling 22.0 million square feet with a 96.7% lease rate.

Positive

• High portfolio occupancy rate of 96.7% as of June 30, 2024
• Substantial property portfolio of 22.0 million square feet
• Focus on mission-critical and high-security properties for government and defense contractors

Negative

• None.

COLUMBIA, Md.--(BUSINESS WIRE)-- COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announces the release date and conference call details in which management will discuss third quarter 2024 results.

Details:
Results Release Date:	Monday, October 28, 2024 after the market closes
Conference Call Date:	Tuesday, October 29, 2024
Time:	12:00 p.m. Eastern

Participants must register for the conference call at the link below to receive the dial-in number and personal pin. Registering only takes a few moments and provides direct access to the conference call without waiting for an operator. You may register at any time, including up to and after the call start time:

https://register.vevent.com/register/BI9796486f46f6424aa012b44d48ca9ae6

Participants can also listen to the conference call via a live webcast in the ‘News & Events – IR Calendar’ section of COPT Defense’s Investors website:

https://investors.copt.com/news-events/ir-calendar

A replay of the conference call will be immediately available via webcast only on COPT Defense’s Investors website.

About COPT Defense

COPT Defense, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (“USG”) defense installations and missions (referred to as its Defense/IT Portfolio). The Company’s tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. As of June 30, 2024, the Company’s Defense/IT Portfolio of 193 properties, including 24 owned through unconsolidated joint ventures, encompassed 22.0 million square feet and was 96.7% leased.

Forward-Looking Information

This press release may contain “forward-looking” statements, as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, that are based on the Company’s current expectations, estimates and projections about future events and financial trends affecting the Company. Forward-looking statements can be identified by the use of words such as “may,” “will,” “should,” “could,” “believe,” “anticipate,” “expect,” “estimate,” “plan” or other comparable terminology. Forward-looking statements are inherently subject to risks and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate. Although the Company believes that the expectations, estimates and projections reflected in such forward-looking statements are based on reasonable assumptions at the time made, the Company can give no assurance that these expectations, estimates and projections will be achieved. Future events and actual results may differ materially from those discussed in the forward-looking statements and the Company undertakes no obligation to update or supplement any forward-looking statements.

The areas of risk that may affect these expectations, estimates and projections include, but are not limited to, those risks described in Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2023.

Source: COPT Defense Properties

View source version on businesswire.com: https://www.businesswire.com/news/home/20241003579955/en/

IR Contacts:

Venkat Kommineni, CFA

443.285.5587

venkat.kommineni@copt.com

Michelle Layne

443.285.5452

michelle.layne@copt.com

Source: COPT Defense Properties

FAQ

When will COPT Defense (CDP) release its Q3 2024 earnings?

COPT Defense (CDP) will release its third quarter 2024 earnings on Monday, October 28, 2024, after the market closes.

What is the date and time of COPT Defense's (CDP) Q3 2024 earnings call?

COPT Defense's (CDP) Q3 2024 earnings conference call is scheduled for Tuesday, October 29, 2024, at 12:00 p.m. Eastern time.

How can investors access COPT Defense's (CDP) Q3 2024 earnings call?

Investors can access COPT Defense's (CDP) Q3 2024 earnings call by registering for the conference call to receive dial-in information or by listening to the live webcast on the company's Investors website.

What was COPT Defense's (CDP) portfolio occupancy rate as of June 30, 2024?

COPT Defense's (CDP) Defense/IT Portfolio had an occupancy rate of 96.7% as of June 30, 2024.