Easterly Government Properties, Inc. (NYSE:DEA) Q1 2024 Earnings Conference Call April 30, 2024 11:00 AM ET Company Participants Lindsay Winterhalter - Head of Investor Relations Darrell Crate - CEO Meghan Baivier - President and COO Allison Marino - CFO and CAO Conference Call Participants John Kim - BMO Capital Markets Michael Griffin - Citi Peter Abramowitz - Jefferies Aditi Balachandran - RBC Harvey Poppel - Poptech LP Michael Lewis - Truist Securities Bill Crow - Raymond James Merrill Ross - Compass Po ...

For the quarter ended March 2024, Easterly Government Properties (DEA) reported revenue of $72.8 million, up 2.2% over the same period last year. EPS came in at $0.29, compared to $0.04 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $74.6 million, representing a surprise of -2.41%. The company delivered an EPS surprise of +3.57%, with the consensus EPS estimate being $0.28.While investors scrutinize revenue and earnings changes year-over-year and how they compare wi ...

Easterly Government Properties (DEA) came out with quarterly funds from operations (FFO) of $0.29 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to FFO of $0.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 3.57%. A quarter ago, it was expected that this property management company would post FFO of $0.29 per share when it actually produced FFO of $0.28, delivering a surprise of -3.45%.Over the ...

overnment Properties Inc. VH Supplemental Information Package First Quarter 2024 Exhibit 99.2 Disclaimers Forward-looking Statement We make statements in this Supplemental Information Package that are considered "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, which are usually identified by the use of words such as "anticipates," "believes, ...

It looks like high interest rates are here to stay for a while.Hump Day proved to be insurmountable for real estate stocks. A great many of them saw notable dives in their stock prices, on worries that the chances for the Federal Reserve to cut its key interest rate were fading. From real estate investment trusts (REITs) to brokers to mortgage financiers, stocks across the sector took body blows during the Wednesday trading session.Among the numerous real estate decliners were Easterly Government Properties ...

Easterly Government Properties, Inc. (DEA) recently announced that it has been awarded a lease to develop a 50,777 rentable square foot Federal courthouse in Flagstaff, AZ.This cutting-edge project represents Easterly's first net-zero development endeavor, signaling a pivotal moment in the company's commitment to sustainable real estate solutions. The 20-year non-cancelable lease, slated to commence upon project completion, underscores Easterly's recognized expertise in the specialized market of government ...

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (“Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has been awarded a 20-year non-cancelable lease for a 50,777 rentable square foot Federal courthouse in Flagstaff, Arizona (“JUD - Flagstaff”). JUD - Flagstaff is expected to be a state-of-the-art, three-story courth ...

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, announced today that management will present at the Citi 2024 Global Property CEO Conference (the “Conference”) in Hollywood, Florida on Monday, March 4, 2024, at 8:10 AM Eastern Time. For investors interested in lis ...

Easterly Government Properties, Inc. (NYSE:DEA) Q4 2023 Earnings Conference Call February 27, 2024 11:00 AM ET Company Participants Lindsay Winterhalter - Head of Investor Relations Darrell Crate - CEO Meghan Baivier - President and COO Allison Marino - CFO and CAO Conference Call Participants Michael Griffin - Citi John Kim - BMO Capital Markets Michael Carroll - RBC Michael Lewis - Truist Securities Bill Crow - Raymond James Operator Greetings. Welcome to the Easterly Government Properties Fourth Quarter ...

Easterly Government Properties (DEA) reported $72.62 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 1.2%. EPS of $0.28 for the same period compares to $0.18 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $73.7 million, representing a surprise of -1.47%. The company delivered an EPS surprise of -3.45%, with the consensus EPS estimate being $0.29.While investors closely watch year-over-year changes in headline numbers -- revenue an ...