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COPT Defense Provides Conference Call Details to Discuss 4Q and YE 2023 Results and Management’s 2024 Outlook

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COPT Defense Properties (NYSE: CDP) announces the release date and conference call details for discussing fourth-quarter and year-end 2023 results and guidance for 2024.
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COLUMBIA, Md.--(BUSINESS WIRE)-- COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announces the release date and conference call details in which management will discuss fourth quarter and year end 2023 results and guidance for 2024.

Details:

Results and Guidance Release Date:

Thursday, February 8, 2024 after the market closes

Conference Call Date:

Friday, February 9, 2024

Time:

12:00 p.m. Eastern

Participants must register for the conference call at the link below to receive the dial-in number and personal pin. Registering only takes a few moments and provides direct access to the conference call without waiting for an operator. You may register at any time, including up to and after the call start time:

https://register.vevent.com/register/BIec6f0e6112cd459ab4eda8f3c55c2d22

Participants can also listen to the conference call via a live webcast in the ‘News & Events – IR Calendar’ section of COPT Defense’s Investors website:

https://investors.copt.com/news-events/ir-calendar

A replay of the conference call will be immediately available via webcast only on COPT Defense’s Investors website.

About COPT Defense

COPT Defense, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (“USG”) defense installations and missions (referred to as its Defense/IT Portfolio). The Company’s tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. As of September 30, 2023, the Company’s Defense/IT Portfolio of 188 properties, including 24 owned through unconsolidated joint ventures, encompassed 21.3 million square feet and was 97.0% 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, 2022.

Source: COPT Defense Properties

IR Contacts

Venkat Kommineni, CFA

443-285-5587

venkat.kommineni@copt.com

Michelle Layne

443-285-5452

michelle.layne@copt.com

Source: COPT Defense Properties

FAQ

When is COPT Defense Properties releasing its fourth-quarter and year-end 2023 results and guidance for 2024?

COPT Defense Properties will release its results and guidance on Thursday, February 8, 2024, after the market closes.

When is the conference call to discuss COPT Defense Properties' results and guidance?

The conference call will take place on Friday, February 9, 2024, at 12:00 p.m. Eastern Time.

How can I register for the conference call?

Participants can register for the conference call at the following link: https://register.vevent.com/register/BIec6f0e6112cd459ab4eda8f3c55c2d22

Where can I listen to the conference call live?

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

Will there be a replay of the conference call available?

Yes, a replay of the conference call will be immediately available via webcast only on COPT Defense’s Investors website.

COPT Defense Properties

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About CDP

copt is an office reit that focuses primarily on serving the specialized requirements of u.s. government agencies and defense contractors, most of whom are engaged in defense information technology and national security-related activities. the company generally acquires, develops, manages and leases office and data center properties concentrated in large office parks primarily located near knowledge-based government demand drivers and/or in targeted markets or submarkets in the greater washington, dc/baltimore region. copt is an s&p midcap 400 company and more information can be found at www.copt.com.