Easterly Government Properties (DEA) Reports Q1 FFO of $0.29

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Easterly Government Properties Reports First Quarter 2020 Results

May 5, 2020 6:30 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 March 31, 2020.

Highlights for the Quarter Ended March 31, 2020:

Net income of $1.9 million, or $0.02 per share on a fully diluted basis FFO of $25.5 million, or $0.30 per share on a fully diluted basis FFO, as Adjusted of $24.4 million, or $0.29... More