DEA - Easterly Government reports Q3 earnings miss; narrows FY22 guidance

November, 01 2022 06:38 AM Easterly Government Properties Inc.

Easterly Government press release ( NYSE: DEA ): Q3 FFO of $0.32 misses by $0.01 .
Revenue of $75.04M (+7.8% Y/Y) misses by $0.73M .
FFO, as Adjusted of $33.3M, or $0.32 per share on a fully diluted basis.
As of September 30, 2022, the company or the JV owned 95 operating properties in the United States encompassing approximately 9.1M leased square feet.
Adjusted Net Debt to annualized quarterly pro forma EBITDA ratio was 7.4x.
Outlook for the 12 Months Ending December 31, 2022 : Net income (loss) per share – fully diluted basis of $0.32-$0.34; FFO per share – fully diluted basis of $1.26-$1.28 vs. consensus of $1.31.

For further details see:

Company Name:	Easterly Government Properties Inc.
Stock Symbol:	DEA
Market:	NYSE
Website:	easterlyreit.com