Easterly Government Properties profits exceed expectations

Washington - On Monday, Easterly Government Properties, Inc. (NYSE: DEA) announced its Q4 earnings exceeded analyst expectations, with adjusted earnings per share of $0.77 and revenue of $87.04 million.

This performance surpassed the market consensus of $0.06 per share and $80.40 million in revenue. Revenue increased 11.3% compared to $78.30 million in the same period last year.

The company’s stock fell 0.58% in pre-market trading after the earnings release.

The company reported quarterly core FFO of $36.80 million, or $0.77 per fully diluted share, as of December 31, 2025. Full-year core FFO reached $140.1 million, or $2.99 per share.

The company maintained its 2026 core FFO per share guidance range of $3.05 to $3.12, with a midpoint of $3.09. The stock declined 0.58% after the announcement.

President and CEO Darrell Crate stated, “This year reflects our continued ability to execute our established strategy. By maintaining discipline and focus, we achieved consistent year-over-year compound growth while strengthening our position as a long-term partner to the U.S. government.”

During 2025, the company completed three property acquisitions totaling $169.9 million and developed a 162,000-square-foot FDA laboratory in Atlanta.

The company also issued $125 million of unsecured senior notes with an average interest rate of 6.29% and extended the maturities of its 2016 and 2018 term loans to no later than 2030.

As of December 31, 2025, the investment portfolio included 103 operating properties with approximately 10.4 million square feet of leased space. The board approved a quarterly dividend of $0.45 per share, payable on March 19, 2026.

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