earnings
confidence high
sentiment positive
materiality 0.60
Easterly Q4 net income $5.7M ($0.05/diluted); Core FFO $0.29; FY25 guidance $1.18-1.21
Easterly Government Properties, Inc.
2024-FY EPS reported
$0.18
revenue$302,052,000
- Q4 net income $5.7M ($0.05/diluted); Core FFO $32.6M ($0.29/diluted).
- FY24 Core FFO $126.9M ($1.17/diluted); FY25 Core FFO guidance raised to $1.18-1.21.
- Acquired 10 properties in 2024 for ~$230M aggregate pro rata price, mainly govt-leased.
- Board approved Q4 dividend $0.265/share, payable Mar 17 to holders of record Mar 5.
- Extended 2016 term loan to Jan 2028; swapped to fix SOFR at 3.8569%.