05:59 PM EDT, 10/28/2024 (MT Newswires) -- COPT Defense Properties ( CDP ) reported Q3 adjusted funds from operations late Monday of $0.65 per diluted share, up from $0.60 a year earlier.

Analysts polled by Capital IQ expected AFFO of $0.49.

Revenue for the quarter that ended Sept. 30 was $189.2 million, up from $168.6 million a year earlier.

Analysts surveyed by Capital IQ expected $188.5 million.

The company expects a full-year 2024 FFO of $2.56 to $2.58 per diluted share, compared with its previous projections of $2.54 to $2.58. Analysts surveyed by Capital IQ expect $2.54.

The company expects a Q4 FFO of $0.64 to $0.66. Analysts surveyed by Capital IQ expect $0.65.

Shares of the company traded 7.3% higher in after-hours activity.

Price: 34.93, Change: +2.37, Percent Change: +7.28