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Sep 30, 2020
Easterly Q3 2020 Earnings Report
Increased its 2020 FFO guidance for the second quarter in a row.
Key Takeaways
Easterly Government Properties reported net income of $4.8 million, or $0.05 per share, and FFO of $28.3 million, or $0.31 per share, for the quarter ended September 30, 2020. The company also acquired an FBI field office in Mobile, Alabama and completed the re-development of an FDA laboratory in Lenexa, Kansas.
Net income of $4.8 million, or $0.05 per share on a fully diluted basis
FFO of $28.3 million, or $0.31 per share on a fully diluted basis
FFO, as Adjusted of $27.2 million, or $0.30 per share on a fully diluted basis
CAD of $23.0 million
Forward Guidance
The Company is increasing its guidance for 2020 FFO per share on a fully diluted basis to a range of $1.24 - $1.26.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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