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Easterly Government Properties (DEA)
NYSE:DEA
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.13Last Year’s EPS
0.1Same Quarter Last Year
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: 2.44%
|Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strategic shift with a focus on long-term growth and capital flexibility. While the dividend reduction might be seen negatively by some, the company’s strong portfolio additions, financial performance, and successful debt financing highlight its growth potential and strategic positioning in the market.Company Guidance
During the first quarter of 2025, Easterly Government Properties implemented strategic changes to enhance growth opportunities, including a two-for-five reverse stock split and a reduction in the quarterly dividend. These actions aim to align the dividend philosophy with peers, accelerate growth initiatives, and strengthen the balance sheet. Key metrics reported include a net income per share of $0.07 and core funds from operations (FFO) per share of $0.73. The company anticipates a 2% to 3% core FFO per share growth for 2025, supported by the acquisition of a 290,000 square foot facility in DC, 98% leased to the AA+ rated DC government, and a 40,000 square foot federal courthouse development in Medford, Oregon. Easterly Government Properties reported a cash available for distribution of $31.1 million and raised the bottom end of its full-year core FFO per share guidance to a range of $2.98 to $3.03, reflecting continued strong performance and strategic capital allocation.New Strategic Capital Allocation Strategy
Easterly announced a reduction of its quarterly dividend and a two-for-five reverse stock split to create more flexibility for growth and to free up significant capital for accretive investments.
Strong Portfolio Additions
Easterly announced two accretive additions to its portfolio: a 40,000 square foot federal courthouse in Medford, Oregon, and a 290,000 square foot facility leased to the AA+ rated District of Columbia government.
Solid Financial Performance
Net income per share was $0.07, core FFO per share was $0.73, and cash available for distribution was $31.1 million. Easterly is on track to deliver an estimated 2% to 3% core FFO per share growth in 2025.
Successful Debt Financing
Easterly raised an additional $125 million in debt capacity and increased borrowing capacity, which positions the company well for future growth.
DEA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DEA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2025 | $20.46 | $19.59 | -4.25% |
Feb 25, 2025 | $25.81 | $27.36 | +6.01% |
Nov 05, 2024 | $31.53 | $31.30 | -0.73% |
Jul 31, 2024 | $32.35 | $31.96 | -1.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Easterly Government Properties (DEA) report earnings?
Easterly Government Properties (DEA) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is Easterly Government Properties (DEA) earnings time?
Easterly Government Properties (DEA) earnings time is at Aug 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DEA EPS forecast?
DEA EPS forecast for the fiscal quarter 2025 (Q2) is 0.13.