The company said it had a loss of $32 million, or 29 cents per share.
The real estate investment trust specializing in suburban office properties posted revenue of $154.8 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $147.4 million.
For the current quarter ending in December, Corporate Office Properties expects its per-share funds from operations to range from 52 cents to 54 cents.
The company expects full-year funds from operations in the range of $2.08 to $2.10 per share.
The company’s shares have dropped 25% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $21.95, a decrease of 25% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OFC at https://www.zacks.com/ap/OFC