COPT Defense Provides Conference Call Details to Discuss 4Q and YE 2024 Results and Management’s 2025 Outlook
COPT Defense (NYSE: CDP) has announced its upcoming fourth quarter and year-end 2024 results release, scheduled for February 6, 2025, after market close. The company will host a conference call on February 7, 2025, at 12:00 p.m. Eastern to discuss results and provide guidance for 2025.
The company has also published its tenth annual Corporate Sustainability Report and third annual Task Force on Climate-Related Financial Disclosures (TCFD) Report. As of September 30, 2024, COPT Defense's portfolio consists of 194 properties, including 24 owned through unconsolidated joint ventures, totaling 22.2 million square feet with a 96.5% lease rate. The company specializes in properties near or containing key U.S. Government defense installations, with tenants primarily including the USG and defense contractors engaged in national security activities.
COPT Defense (NYSE: CDP) ha annunciato la prossima pubblicazione dei risultati del quarto trimestre e di fine anno 2024, prevista per il 6 febbraio 2025, dopo la chiusura del mercato. L'azienda ospiterà una conferenza telefonica il 7 febbraio 2025, alle 12:00, ora orientale, per discutere i risultati e fornire linee guida per il 2025.
L'azienda ha anche pubblicato il suo decimo rapporto annuale sulla sostenibilità aziendale e il terzo rapporto annuale del Task Force sulle divulgazioni finanziarie relative al clima (TCFD). A partire dal 30 settembre 2024, il portafoglio di COPT Defense consiste di 194 proprietà, incluse 24 possedute tramite joint venture non consolidate, per un totale di 22,2 milioni di piedi quadrati con un tasso di locazione del 96,5%. L'azienda si specializza in proprietà vicine o contenenti importanti installazioni di difesa del governo degli Stati Uniti, con inquilini prevalentemente costituiti da USG e appaltatori della difesa impegnati in attività di sicurezza nazionale.
COPT Defense (NYSE: CDP) ha anunciado la próxima publicación de sus resultados del cuarto trimestre y del año 2024, programada para el 6 de febrero de 2025, después del cierre del mercado. La empresa llevará a cabo una conferencia telefónica el 7 de febrero de 2025, a las 12:00 p.m., hora del este, para discutir los resultados y ofrecer orientación para el 2025.
Además, la empresa ha publicado su décimo informe anual de sostenibilidad corporativa y su tercer informe anual del Grupo de Trabajo sobre Divulgaciones Financieras Relacionadas con el Clima (TCFD). A partir del 30 de septiembre de 2024, el portafolio de COPT Defense consta de 194 propiedades, incluidas 24 que se poseen a través de joint ventures no consolidadas, totalizando 22.2 millones de pies cuadrados con una tasa de arrendamiento del 96.5%. La empresa se especializa en propiedades cercanas o que contienen instalaciones de defensa clave del gobierno de EE. UU., con inquilinos que incluyen principalmente al USG y contratistas de defensa involucrados en actividades de seguridad nacional.
COPT Defense (NYSE: CDP)는 2024년 4분기 및 연말 실적 발표를 2025년 2월 6일, 마감 후에 진행할 예정이라고 발표했습니다. 회사는 2025년을 위한 실적 논의 및 가이드를 제공하기 위해 2025년 2월 7일 오후 12시(동부 표준시)에 컨퍼런스 콜을 개최할 예정입니다.
회사에서는 또한 제10회 연례 기업 지속 가능성 보고서와 제3회 기후 관련 재무 공시 태스크포스 보고서 (TCFD)를 발표했습니다. 2024년 9월 30일 기준으로 COPT Defense의 포트폴리오는 194개의 자산으로 구성되어 있으며, 이 중 24개는 비수치적 합작투자를 통해 소유되고 있으며, 총 2,220만 평방피트에 해당하며 96.5% 임대율을 기록하고 있습니다. 이 회사는 미국 정부의 주요 방위 시설 근처 또는 그 내에 있는 부동산을 전문으로 하며, 주로 미국 정부와 국가 안보 활동에 관여하는 방위 계약자로 구성된 임차인들이 있습니다.
COPT Defense (NYSE: CDP) a annoncé la publication de ses résultats pour le quatrième trimestre et pour l’exercice 2024, prévue le 6 février 2025, après la fermeture des marchés. L'entreprise organisera une conférence téléphonique le 7 février 2025 à 12h00, heure de l'Est, pour discuter des résultats et fournir des indications pour 2025.
L'entreprise a également publié son dixième rapport annuel sur la durabilité d'entreprise et son troisième rapport annuel du groupe de travail sur les divulgations financières liées au climat (TCFD). Au 30 septembre 2024, le portefeuille de COPT Defense se compose de 194 propriétés, dont 24 détenues par le biais de coentreprises non consolidées, totalisant 22,2 millions de pieds carrés avec un taux d’occupation de 96,5%. L’entreprise se spécialise dans des propriétés situées près des installations de défense clés du gouvernement des États-Unis, avec des locataires comprenant principalement le USG et des entrepreneurs de défense engagés dans des activités de sécurité nationale.
COPT Defense (NYSE: CDP) hat die bevorstehende Veröffentlichung der Ergebnisse für das vierte Quartal und das Jahresende 2024 angekündigt, die für den 6. Februar 2025 nach Börsenschluss geplant ist. Das Unternehmen wird am 7. Februar 2025 um 12:00 Uhr (Eastern Time) eine Telefonkonferenz abhalten, um die Ergebnisse zu besprechen und Ausblick für 2025 zu geben.
Das Unternehmen hat zudem seinen zehnten jährlichen Nachhaltigkeitsbericht und den dritten jährlichen Bericht der Task Force für klimabezogene Finanzberichterstattung (TCFD) veröffentlicht. Zum 30. September 2024 umfasst das Portfolio von COPT Defense 194 Immobilien, darunter 24, die über nicht konsolidierte Joint Ventures gehalten werden, mit einer Gesamtfläche von 22,2 Millionen Quadratfuß und einer Vermietungsquote von 96,5%. Das Unternehmen spezialisiert sich auf Immobilien in der Nähe oder mit wichtigen Verteidigungsanlagen der US-Regierung, wobei die Mieter hauptsächlich aus der USG und Verteidigungsauftragnehmern bestehen, die in nationalen Sicherheitsaktivitäten tätig sind.
- 96.5% portfolio lease rate indicates strong occupancy
- Substantial portfolio of 22.2 million square feet across 194 properties
- Strategic focus on government and defense contractors provides stable tenant base
- None.
Publishes Corporate Sustainability Report and TCFD Report
Details:
Results Release Date: |
|
Thursday, February 6, 2025 after the market closes |
Conference Call Date: |
|
Friday, February 7, 2025 |
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/BI959f6e09b0064c679a6d9d437eec49c7
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.
ESG Update
COPT Defense published its tenth annual Corporate Sustainability Report, along with its third annual Task Force on Climate-Related Financial Disclosures (“TCFD”) Report. Both reports are available in the ‘Sustainability’ section of COPT Defense’s Investor Relations website (https://investors.copt.com/) and as follows:
2024 Corporate Sustainability Report:
2024 TCFD Report:
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
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/20250108507284/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 Q4 2024 earnings?
What is COPT Defense's (CDP) current portfolio occupancy rate as of Q3 2024?
How many properties does COPT Defense (CDP) own in its Defense/IT Portfolio?
What is the total square footage of COPT Defense's (CDP) property portfolio?