Easterly Government Properties Inc. ( (DEA) ) has released its Q2 earnings. Here is a breakdown of the information Easterly Government Properties Inc. presented to its investors.
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Easterly Government Properties, Inc. is a real estate investment trust (REIT) specializing in the acquisition, development, and management of Class A commercial properties leased to the U.S. Government and its partners.
In its second quarter 2025 earnings report, Easterly Government Properties reported a net income of $4.3 million and core funds from operations (FFO) of $34.6 million. The company also implemented a reverse stock split and acquired several key properties, including a facility leased to the District of Columbia Government and a law enforcement facility in Vermont.
Key financial metrics for the quarter included a net income of $0.09 per share and a core FFO of $0.74 per share. The company made strategic acquisitions, including a 289,873 square foot facility leased to the DC Government and a 74,549 square foot facility leased to the DHS. Additionally, Easterly acquired land for a new courthouse development in Medford, Oregon.
Looking ahead, Easterly Government Properties maintains its guidance for full-year 2025 core FFO per share in the range of $2.98 to $3.03. The company plans to continue its focus on strategic acquisitions and developments to enhance its portfolio and drive future growth.
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