DEA - Easterly Government lifts 2021 guidance on rapid acquisition pace
Easterly Government Properties (DEA) boosts guidance for 2021 as the REIT sees "the opportunity for accelerated growth" after it stepped up its transactions year-to-date, said CEO William C. Trimble III.Boosts 2021 FFO per share guidance to $1.30-$1.32 from $1.28-$1.30; compares with consensus estimate of $1.30.Now expects $300M targeted acquisition volume from $200M previously.DEA consensus FFO estimate continues to climb and stands at $1.37 for FY2023; estimates for 2025 and 2026 only contain one analyst estimate each. See chart below.Previously (May 4), Easterly Government Q1 earnings reflect growth, development
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Easterly Government lifts 2021 guidance on rapid acquisition pace