Easterly Government Properties Inc reports results for the quarter ended March 31 - Earnings Summary

Easterly Government Properties

29/04/2025 14:32

Easterly Government Properties Inc DEA.N reported quarterly adjusted earnings of 7 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 13 cents.  The mean expectation of two analysts for the quarter was for earnings of 13 cents per share. Wall Street expected results to range from 13 cents to 13 cents per share.

Revenue rose 8.1% to $78.68 million from a year ago; analysts expected $79.95 million.

Easterly Government Properties Inc's reported EPS for the quarter was 7 cents​.

The company reported quarterly net income of $3.13 million.

Easterly Government Properties Inc shares had fallen by 21.1% this quarter and lost 26.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.5% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is also "hold"

Wall Street's median 12-month price target for Easterly Government Properties Inc is $26.25

This summary was machine generated from LSEG data April 29 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.72
0.73
Beat
Dec. 31 2024
0.72
0.73
Beat
Sep. 30 2024
0.72
0.75
Beat
Jun. 30 2024
0.72
0.73
Beat