Easterly Government Properties (DEA) Q3 FFO Surpass Estimates

分组1 - Easterly Government Properties reported quarterly funds from operations (FFO) of $0.30 per share, exceeding the Zacks Consensus Estimate of $0.29 per share, and showing an increase from $0.29 per share a year ago, resulting in an FFO surprise of 3.45% [1] - The company posted revenues of $74.78 million for the quarter ended September 2024, which missed the Zacks Consensus Estimate by 3.60%, compared to revenues of $72.01 million a year ago [2] - Over the last four quarters, the company has surpassed consensus FFO estimates two times and topped consensus revenue estimates just once [2] 分组2 - The stock's immediate price movement will depend on management's commentary on the earnings call and future FFO expectations [3] - Since the beginning of the year, Easterly Government Properties shares have increased by about 0.3%, while the S&P 500 has gained 19.8% [3] - The current consensus FFO estimate for the coming quarter is $0.29 on revenues of $78.85 million, and for the current fiscal year, it is $1.15 on revenues of $305.22 million [7] 分组3 - The estimate revisions trend for Easterly Government Properties is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] - The REIT and Equity Trust - Other industry is currently in the top 27% of Zacks industries, suggesting that stocks in the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]