Easterly Q2 2023 Core FFO $0.29/share; raises FY 2023 guidance low end

Easterly Government Properties, Inc.

2023-Q2 EPS reported $0.09 revenue$142,593,000

Net income $5.8M ($0.05 diluted EPS); Core FFO $30.3M ($0.29 diluted).
Q2 dividend $0.265/share payable Aug 29 to holders of record Aug 17.
Expects ~$36.7M net proceeds from unsettled ATM forward sales at $21.61/share.
Raised FY 2023 Core FFO guidance to $1.13-1.15/share (prior $1.12-1.15).
Exercised $50M delayed draw on 2018 term loan, repaid revolver, extinguishing floating rate debt.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Easterly Government Properties, Inc. reported the quarter ended June 30, 2023 results: net income $5.8 million, EPS $0.05 per share on a fully diluted basis. Guidance raised.

Period: the quarter ended June 30, 2023
Net income: $5.8 million
EPS: $0.05 per share on a fully diluted basis
Guidance: raised
Result: reported results

Exact text from the filing

Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter ended June 30, 2023. Highlights for the Quarter Ended June 30, 2023: • Net income of $5.8 million, or $0.05 per share on a fully diluted basis

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

Easterly Government Properties, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-039334

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.