Easterly Q3 Core FFO $0.30 a share; 2024 guidance held, 2025 outlook introduced
Easterly Government Properties reported third quarter 2024 results on November 5, 2024. Total revenue rose to $74.8 million from $72.0 million a year earlier, and Core FFO rose to $32.2 million, or $0.30 per share, from $30.2 million, or $0.29 per share, while net income fell to $5.1 million, or $0.05 per share, from $6.1 million, or $0.06 per share. The company maintained its 2024 Core FFO guidance of $1.15 to $1.17 per share and introduced 2025 guidance of $1.17 to $1.21 per share.
Key points
- Total revenue of $74.8 million in Q3 2024, up from $72.0 million in Q3 2023
- Net income of $5.1 million, or $0.05 per share, down from $6.1 million, or $0.06 per share
- Core FFO of $32.2 million, or $0.30 per share, up from $0.29 per share a year earlier
- 2024 Core FFO guidance maintained at $1.15 to $1.17 per share; 2025 guidance introduced at $1.17 to $1.21 per share
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.