DEA - Easterly Government FFO of $0.32 misses by $0.01 revenue of $71.64M misses by $0.47M
Easterly Government press release (NYSE:DEA): Q4 FFO of $0.32 misses by $0.01. Revenue of $71.64M (+9.8% Y/Y) misses by $0.47M. The Company is maintaining its guidance for 2022 FFO per share on a fully diluted basis in a range of $1.34 - $1.36. This guidance assumes (i) $200.0 – $250.0 million of wholly owned acquisitions, (ii) the closing of properties in the VA Portfolio totaling approximately $145.0 million at the Company’s pro rata share, and (iii) up to $10.0 million of gross development-related investment during 2022.
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Easterly Government FFO of $0.32 misses by $0.01, revenue of $71.64M misses by $0.47M