Earnings Preview For COPT Defense

COPT Defense (NYSE:CDP) is preparing to release its quarterly earnings on Monday, 2024-10-28. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect COPT Defense to report an earnings per share (EPS) of $0.63.

The announcement from COPT Defense is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Past Earnings Performance

Last quarter the company missed EPS by $0.00, which was followed by a 2.87% increase in the share price the next day.

Here's a look at COPT Defense's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.64

0.60

EPS Actual

0.64

0.62

0.62

0.6

Price Change %

3.0%

3.0%

2.0%

-2.0%

Analysts' Perspectives on COPT Defense

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding COPT Defense.

The consensus rating for COPT Defense is Outperform, based on 6 analyst ratings. With an average one-year price target of $32.17, there's a potential 0.47% upside.

Comparing Ratings with Peers

The analysis below examines the analyst ratings and average 1-year price targets of Highwoods Props, Douglas Emmett and Cousins Props, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.

The prevailing sentiment among ...