Easterly Government Properties (DEA) Reports In-Line Q4 EPS; FFO $0.31

Easterly Government Properties (NYSE: DEA) reported Q4 EPS of $0.03, in-line with the analyst estimate of $0.03.

Highlights for the Quarter Ended December 31, 2016:

• Net income of $1.5 million, or $0.03 per share on a fully diluted basis
• FFO of $13.9 million, or $0.31 per share on a fully diluted basis
• FFO, as Adjusted of $13.3 million, or $0.30 per share on a fully diluted basis
• Acquired a Federal Bureau of Investigation (FBI) field office in Albany, NY, and a Federal Bankruptcy Courthouse located in South Bend, IN
• Settled forward sales agreements by issuing an aggregate of 1,500,000 shares of common stock in exchange for approximately $27.0 million of gross proceeds
• Portfolio occupancy at 100%

For earnings history and earnings-related data on Easterly Government Properties (DEA) click here.

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