Easterly Government Properties (DEA) Reports In-Line Q3 EPS, Revenues Miss; Offers FY18 & FY19 EPS Outlooks Below Consensus

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Easterly Government Properties Reports Third Quarter 2018 Results

November 5, 2018 6:30 AM EST

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 September 30, 2018.

Highlights for the Quarter Ended September 30, 2018:

Net income of $2.5 million, or $0.04 per share on a fully diluted basis FFO of $18.6 million, or $0.27 per share on a fully diluted basis FFO, as Adjusted of $16.5 million, or... More