The company said it had a loss of $6.7 million, or 6 cents per share.
The real estate investment trust specializing in suburban office properties posted revenue of $161.7 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $160.9 million.
For the current quarter ending in July, Corporate Office Properties expects its per-share funds from operations to range from 55 cents to 57 cents.
The company expects full-year funds from operations in the range of $2.19 to $2.25 per share.
The company’s shares have increased nearly 8% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $28.14, an increase of slightly more than 5% 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