earnings
confidence high
sentiment neutral
materiality 0.75
Easterly Government Properties Q3 net income $6.1M ($0.06/share); Core FFO $0.29/share
Easterly Government Properties, Inc.
2023-Q3 EPS reported
$0.15
revenue$214,607,000
- Net income $6.1M, $0.06 per diluted share; Core FFO $30.2M, $0.29 per diluted share.
- Acquired VA outpatient clinic in Corpus Christi, TX (69,276 sq ft) through JV, ninth of ten-property VA portfolio.
- Exercised $50M delayed draw on term loan, raising total commitments to $300M; repaid floating-rate revolver.
- Issued 1.7M shares via forward sales at $19.83 avg, netting ~$33.7M.
- Full-year 2023 Core FFO guidance maintained at $1.13–$1.15 per diluted share.