05:12 PM EDT, 07/29/2024 (MT Newswires) -- COPT Defense Properties ( CDP ) reported Q2 funds from operations late Monday of $0.64 per share, up from $0.60 a year earlier.

Analysts polled by Capital IQ expected $0.63.

Revenue for the quarter ended June 30 was $187.3 million, up from $169.2 million a year earlier. Analysts surveyed by Capital IQ expected $187.3 million.

For Q3, the company expects FFO of $0.63 to $0.65 per share. Analysts polled by Capital IQ project $0.64.

For 2024, the company increased its FFO forecast to $2.54 to $2.58 per share from $2.51-$2.57 per share. Analysts surveyed by Capital IQ expect $2.54.