COPT Provides Conference Call Details to Discuss 1Q 2022 Results

Rhea-AI Summary

Corporate Office Properties Trust (NYSE: OFC) will release its first quarter 2022 results on April 28, 2022, after the market closes. The subsequent conference call is scheduled for April 29, 2022, at 12:00 p.m. Eastern Time. Investors can join via telephone or listen live on the company’s Investors website. Additionally, a replay will be available from 3:00 p.m. Eastern Time on April 29 until 3:00 p.m. Eastern Time on May 13. COPT is a REIT focusing on office and data center properties, primarily serving the U.S. Government and its contractors.

Positive

• COPT's core portfolio includes 184 properties encompassing 21.6 million square feet, with a leasing rate of 94.4%.
• As of December 31, 2021, 88% of annualized rental revenue was generated from Defense/IT Locations, indicating a stable revenue stream.

Negative

• None.

COLUMBIA, Md.--(BUSINESS WIRE)-- Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) announces the release date and conference call details in which management will discuss first quarter 2022 results. Conference call details are as follows:

Results & Guidance Release Date:					Thursday, April 28, 2022 after the market closes
Conference Call Date:					Friday, April 29, 2022
Time:					12:00 p.m. Eastern Time
Telephone Number: (within the U.S.)					855-463-9057
Telephone Number: (outside the U.S.)					661-378-9894
Passcode:					7286907

Investors can also listen to the conference call via a live webcast in the ‘News & Events – IR Calendar’ section of COPT’s Investors website: https://investors.copt.com/news-events/ir-calendar

Replay Information
A replay of the conference call will be immediately available via webcast on the Investors website. Additionally, a telephonic replay of this call will be available beginning at 3:00 p.m. Eastern Time on Friday, April 29, through 3:00 p.m. Eastern Time on Friday, May 13. To access the replay within the United States, please call 855-859-2056; to access it from outside the United States, please call 404-537-3406. In either case, use passcode 7286907.

About COPT
COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties. The majority of its portfolio is in locations that support the United States Government and its contractors, most of whom are engaged in national security, defense and information technology (“IT”) related activities servicing what the Company believes are growing, durable, priority missions (“Defense/IT Locations”). The Company also owns a portfolio of office properties located in select urban/urban-like submarkets in the Greater Washington, DC/Baltimore region with durable Class-A office fundamentals and characteristics (“Regional Office Properties”). As of December 31, 2021, the Company derived 88% of its core portfolio annualized rental revenue from Defense/IT Locations and 12% from its Regional Office Properties. As of the same date and including 19 properties owned through unconsolidated joint ventures, COPT’s core portfolio of 184 office and data center shell properties encompassed 21.6 million square feet and was 94.4% 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, 2021.

Source: Corporate Office Properties Trust

View source version on businesswire.com: https://www.businesswire.com/news/home/20220411005806/en/

IR Contacts:

Stephanie Krewson-Kelly

443-285-5453

stephanie.kelly@copt.com

Michelle Layne

443-285-5452

michelle.layne@copt.com

Source: Corporate Office Properties Trust

FAQ

What is the release date for Corporate Office Properties Trust's Q1 2022 results?

The Q1 2022 results for Corporate Office Properties Trust will be released on April 28, 2022.

When is the conference call scheduled for Corporate Office Properties Trust?

The conference call is scheduled for April 29, 2022, at 12:00 p.m. Eastern Time.

How can I listen to the Corporate Office Properties Trust conference call?

Investors can listen to the call via telephone or live webcast on COPT's Investors website.

What is the telephone number for the Corporate Office Properties Trust conference call?

The U.S. number is 855-463-9057, and for outside the U.S., it's 661-378-9894.

What is the passcode for the Corporate Office Properties Trust conference call?

The passcode for the call is 7286907.