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

Issuer:     Easterly Government Properties, Inc. (DEA)
CIK:        0001622194
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0000950170-24-088222
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Easterly Govt Properties Q2 net income $4.9M; Core FFO $0.29/sh; maintains FY2024 guidance $1.15-1.17
--------------------------------------------------------------------------------

- Net income $4.9M ($0.04 diluted EPS); Core FFO $31.4M ($0.29 diluted). Full-year Core FFO guidance maintained at $1.15-$1.17/sh.
- Acquired four government-leased properties: ICE-Dallas (135,200 sf), HSI-Orlando (27,840 sf), ICE-Orlando (49,420 sf), and land for Flagstaff courthouse.
- Entered new $400M revolver with accordion up to $700M; issued $150M of $200M senior unsecured notes at 6.56% due 2033.
- Dividend of $0.265/sh declared, payable Aug 13 to holders of record Aug 1.
- Settled 589,647 shares via ATM at $13.40 for $7.9M; subsequent to quarter, new forward sales for 400,000 shares at $13.14.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1622194/000095017024088222/0000950170-24-088222-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1622194/000095017024088222/dea-20240731.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-088222

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