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Dec 31, 2023
Easterly Q4 2023 Earnings Report
Announced results for the quarter and full year ended December 31, 2023.
Key Takeaways
Easterly Government Properties reported a net income of $4.8 million, or $0.04 per share, and Core FFO of $30.1 million, or $0.28 per share, for the quarter ended December 31, 2023. The company acquired three properties totaling 221,463 leased square feet and announced the appointment of Darrell W. Crate as CEO.
Net income of $4.8 million, or $0.04 per share on a fully diluted basis
Core FFO of $30.1 million, or $0.28 per share on a fully diluted basis
Acquired three properties totaling 221,463 leased square feet with a weighted average remaining lease term of 9.7 years
Appointed Darrell W. Crate as CEO effective January 1, 2024
Forward Guidance
The Company is introducing its guidance for full-year 2024 Core FFO per share on a fully diluted basis at a range of $1.14 - $1.16.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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