Easterly Government Properties Reports Fourth Quarter and Full Year 2018 Results

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Easterly Government Properties (DEA) PT Raised to $19 at Raymond James

March 1, 2019 7:31 AM EST

Raymond James analyst William Crow raised the price target on Easterly Government Properties (NYSE: DEA) to $19.00 (from $18.00) while maintaining a Outperform rating.

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UPDATE: Easterly Government Properties (DEA) Misses Q4 EPS by 5c, Revenues Beat; Offers FY19 EPS Guidance Below Consensus

February 28, 2019 6:45 AM EST

(Updated - February 28, 2019 6:46 AM EST)

Easterly Government Properties (NYSE: DEA) reported Q4 EPS of $0.01, $0.05 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $48.21 million versus the consensus estimate of $46.72 million.

Net income of $0.6 million, or $0.01 per share on a fully diluted basisFFO of $21.7 million, or $0.31 per share on a fully diluted basisFFO, as Adjusted of $20.1 million, or $0.29 per share on a fully diluted basisCAD of $17.3 millionCompleted the acquisition of three of the remaining six properties in the Companys previously announced 14-property... More