Easterly Government Properties Q3 core FFO rises

Reuters
Oct 27
<a href="https://laohu8.com/S/DEA">Easterly Government Properties</a> Q3 core FFO rises

Overview

  • Easterly Government Properties Q3 net income decreases yr/yr

  • Core FFO for Q3 increases to $35.6 mln, supporting growth strategy

  • Company acquired new properties and issued shares to raise $16.8 mln

Outlook

  • Company adjusts 2025 Core FFO per share guidance to $2.98 - $3.02

  • Company issues 2026 Core FFO per share guidance at $3.05 - $3.12

Result Drivers

  • ACQUISITIONS - Easterly acquired a facility leased to York Space Systems and land for a laboratory in Florida, supporting growth

  • SHARE ISSUANCE - Issued 750,000 shares raising $16.8 mln through ATM Program, aiding financial strategy

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Rental Income

$82.21 mln

Q3 Net Income

$1.24 mln

Q3 Adjusted FFO

$35.60 mln

Press Release: ID:nBw2TjfSLa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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