27 Jul 2026 22:28:52 ET │ 15 pages COPT Defense Properties (CDP.N) CDP Beats and Raises; Defense Spending Drives Demand Flash | +1-212-816-1909 nicholas.joseph@citi.com CITI'S TAKE CDP delivered a clean beat with FFO of 71c +2c (~3%) above the 2Q26 guidance midpoint and both Citi and FactSet consensus. Management raised the 2026 FFO outlook +2c / <1% to $2.76-$2.80 from $2.73-$2.79. The raise was driven primarily by YTD outperformance, the Mission Ridge acquisition, interest income, and a space recapture fe ...