Easterly Government Properties Inc reports results for the quarter ended in June - Earnings Summary

Easterly Government Properties

08/08/2023 14:33

* Easterly Government Properties Inc  DEA.N  reported
quarterly
adjusted earnings of 5 cents​​ per share for the quarter ended
in June. The mean expectation of two analysts for the quarter
was for earnings of 6 cents per share.
    * Revenue fell 1.9% to $71.37 million from a year ago;
analysts
expected $71.06 million. 
    * Easterly Government Properties Inc's reported EPS for the
quarter was 5 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Easterly Government Properties Inc shares had risen
by 1.7% this
quarter and gained 3.3% so far this year.
    * The company reported quarterly net income of $5.1 million.
    * Wall Street's median 12-month price target for Easterly
Government Properties Inc is $14.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.28           0.29           Beat
 Mar. 31 2023      0.29           0.28           Missed
 Dec. 31 2022      0.30           0.30           Met
 Sep. 30 2022      0.33           0.32           Missed