Easterly Government Properties reports Q1 Core FFO $0.29; maintains FY guidance $1.14-$1.16

Easterly Government Properties, Inc.

2024-Q1 EPS reported $0.04 revenue$72,800,000

Q1 net income $4.9M ($0.05 diluted EPS); Core FFO $30.8M ($0.29 per share).
Received BBB/Stable investment grade rating from Kroll Bond Rating Agency.
Awarded 20-year lease for 50,777 sq ft Federal courthouse in Flagstaff, AZ (net zero).
Acquired 135,200 sq ft ICE-Dallas facility (95% leased, 13.3yr WALT).
Maintained FY2024 Core FFO guidance $1.14-$1.16; dividend $0.265/share payable May 21.

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 0.95

Easterly Government Properties, Inc. reported the first quarter ended March 31, 2024 results: net income $4.9 million, EPS $0.05 per share on a fully diluted basis.

Period: the first quarter ended March 31, 2024
Net income: $4.9 million
EPS: $0.05 per share on a fully diluted basis
Result: reported results

Exact text from the filing

On April 30, 2024, we issued a press release announcing our results of operations for the first quarter ended March 31, 2024.

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Easterly Government Properties, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-050189

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