secwatch.observer — SEC 8-K summary
======================================

Issuer:     Easterly Government Properties, Inc. (DEA)
CIK:        0001622194
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0000950170-22-020693
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Easterly Q3 FFO $0.32; guides 2022 FFO to $1.26-$1.28; sells 10-property portfolio for $205M
--------------------------------------------------------------------------------

- Q3 net income $0.7M ($0.01 diluted EPS); FFO $32.4M ($0.32 per share); CAD $28.5M.
- Acquired VA outpatient facility in Columbus, GA (67,793 sqft) and U.S. District courthouse in Council Bluffs, IA (28,900 sqft).
- Post-quarter, agreed to sell 10-property portfolio (~668k sqft) for $205.3M; nine closed Oct 27, one expected Dec 2022.
- Lowered 2022 FFO guidance to $1.26-$1.28; declared Q3 dividend $0.265/share payable Nov 23.
- Expects net proceeds of $92.5M from forward equity sales of 4.259M shares at $21.72.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1622194/000095017022020693/0000950170-22-020693-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1622194/000095017022020693/dea-20221101.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-020693

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer