Overview
* Easterly Government Properties ( DEA ) Q3 net income decreases yr/yr
* Core FFO for Q3 increases to $35.6 mln, supporting growth strategy
* Company acquired new properties and issued shares to raise $16.8 mln
Outlook
* Company adjusts 2025 Core FFO per share guidance to $2.98 - $3.02
* Company issues 2026 Core FFO per share guidance at $3.05 - $3.12
Result Drivers
* ACQUISITIONS - Easterly acquired a facility leased to York Space Systems and land for a laboratory in Florida, supporting growth
* SHARE ISSUANCE - Issued 750,000 shares raising $16.8 mln through ATM Program, aiding financial strategy
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 $82.21
Rental mln
Income
Q3 Net $1.24
Income mln
Q3 $35.60
Adjusted mln
FFO
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)