Easterly Q1 net income falls to $1.4 million as Core FFO rises to $37.1 million
Easterly Government Properties reported first-quarter 2026 results on April 27, 2026. Revenue rose to $91.5 million from $78.7 million, and Core FFO rose to $37.1 million ($0.77 per share) from $33.1 million ($0.73 per share), but net income fell to $1.4 million ($0.03 per share) from $3.3 million ($0.07 per share). The company raised the lower end of its full-year 2026 Core FFO per share guidance to a range of $3.06 to $3.12.
Key points
- Q1 2026 total revenues $91.5 million vs. $78.7 million in Q1 2025; net income $1.4 million, or $0.03 per diluted share, vs. $3.3 million, or $0.07
- Core FFO $37.1 million, or $0.77 per fully diluted share, vs. $33.1 million, or $0.73 a year earlier
- 2026 Core FFO per share guidance raised at the low end to $3.06 to $3.12; quarterly dividend of $0.45 per share payable May 21, 2026
- January 16, 2026 acquisition of a 297,713 square foot Virginia campus leased primarily to the Commonwealth of Virginia
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 April 27, 2026.
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.