Quarterly ResultAug 3, 2026, 06:51 AM
Easterly Government Properties Q2 Core FFO $0.78; Raises 2026 Guidance
AI Summary
Easterly Government Properties announced its second quarter 2026 results, reporting net income of $3.2 million and Core FFO of $37.4 million. The company raised its full-year 2026 Core FFO guidance to $3.07 - $3.13 per share, reflecting confidence in its strategic priorities and portfolio durability. Key capital market activities included closing a new $200.0 million term loan and issuing shares for $18.8 million in net proceeds.
Key Highlights
- Reported Q2 2026 net income of $3.2 million, or $0.07 per share.
- Achieved Q2 2026 Core FFO of $37.4 million, or $0.78 per share.
- Raised full-year 2026 Core FFO guidance to $3.07 - $3.13 per share.
- Closed a new five-year $200.0 million senior unsecured term loan facility.
- Issued 796,943 shares from ATM Program, raising $18.8 million net proceeds.
- Operating portfolio was 98% leased across 106 properties.
- Declared a Q2 2026 cash dividend of $0.45 per common share.
- Extinguished $6.4 million mortgage note obligation in July 2026.
Price Impact
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