Corporate Office Properties Trust (OFC) Reports In-Line Q1 FFO; Guides Q2, FY16 FFO
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
COPT Reports First Quarter 2016 Results
April 29, 2016 6:00 AM EDTCOLUMBIA, Md.--(BUSINESS WIRE)-- Corporate Office Properties Trust (COPT or the Company) (NYSE: OFC) announced financial and operating results for the first quarter ended March 31, 2016.
Management Comments
Weve started the year with a strong first quarter, stated Roger A. Waesche, Jr., COPTs President & Chief Executive Officer. Solid tenant retention and positive rent spreads on renewing leases 11.4% on a GAAP basis and 2.0% on a cash basis combined with a 6.4% increase in same office cash NOI all demonstrate the strength of our portfolio. Stephen E. Budorick, COPTs Chief Operating... More
