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Easterly Government Properties — Third Quarter 2026 Earnings Summary

  • Reported Q3 2026 net income of $5.7 million ($0.12/share) and Core FFO of $38.0 million ($0.78/share), both up significantly from $1.2 million ($0.03/share) and $35.6 million ($0.76/share) respectively in the prior year period.
  • Raised full-year 2026 Core FFO per share guidance to $3.08–$3.13 and issued 2027 guidance of $3.09–$3.17, assuming $50 million in acquisitions and $50–$100 million in development investment for 2026.
  • Portfolio occupancy stands at 98% across 106 properties; completed the FDLE laboratory facility and secured a new 15-year lease for USCIS-Lincoln, while repaying the $35.6 million Bedford construction loan early.
  • Board approved a Q3 cash dividend of $0.45 per share; total indebtedness remains at approximately $1.7 billion with a weighted average interest rate of 4.6% and maturity of 3.8 years.
Company
EASTERLY GOVERNMENT PROPERTIES INC
Sector
Real Estate
Industry
REIT - Office