earnings
confidence high
sentiment neutral
materiality 0.75
Easterly Q3 2024: Core FFO $0.30/sh, 2024 guidance reaffirmed, 2025 range $1.17-$1.21
Easterly Government Properties, Inc.
2024-Q3 EPS reported
$0.13
revenue$223,802,000
- Net income $5.1M ($0.05 diluted EPS); Core FFO $32.2M ($0.30 diluted share).
- Maintained 2024 Core FFO guidance $1.15-$1.17; introduced 2025 Core FFO guidance $1.17-$1.21.
- Acquired VA Jacksonville (193k SF) final property in 10-property VA portfolio; acquired Northrop Grumman Dayton (99k SF).
- After quarter, acquired Northrop Grumman Aurora (104k SF) near Buckley SFB; issued 2.6M shares at $13.33 avg for $35.1M net.
- Q3 dividend $0.265 per share payable Nov 27 to holders of record Nov 15.