Easterly Government Properties (DEA) Reports In-Line Q2 FFO

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Easterly Government Properties Reports Second Quarter 2016 Results

August 8, 2016 6:55 AM EDT

WASHINGTON--(BUSINESS WIRE)-- Easterly Government Properties, Inc. (NYSE: DEA) (the Company or Easterly), a fully integrated real estate investment trust (REIT) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter ended June 30, 2016.

Financial Highlights for the Quarter Ended June 30, 2016

Net income was $1.0 million, or $0.03 per share on a fully diluted basis for the three months ended June 30, 2016. FFO was $12.1 million, or $0.30 per share on a fully diluted basis for... More