Easterly Government Properties Reports First Quarter 2021 Results

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Easterly Government Properties (DEA) Tops Q1 EPS by 2c, Revenues Miss

May 4, 2021 7:27 AM EDT

Easterly Government Properties (NYSE: DEA) reported Q1 EPS of $0.09, $0.02 better than the analyst estimate of $0.07. Revenue for the quarter came in at $65 million versus the consensus estimate of $66.7 million.

Highlights for the Quarter Ended March 31, 2021:

Net income of $7.9 million, or $0.09 per share on a fully diluted basisFFO of $30.2 million, or $0.33 per share on a fully diluted basisFFO, as Adjusted of $28.3 million, or $0.31 per share on a fully diluted basisCAD of $24.4 millionAcquired a 176,550-square... More