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Stock impact report

Easterly Government Properties Reports First Quarter 2024 Results [Yahoo! Finance]

Easterly Government Properties, Inc. (DEA) 
Last easterly government properties, inc. earnings: 2/25 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.easterlyreit.com
Company Research Source: Yahoo! Finance
estate investment trust ("REIT") focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter ended March 31, 2024. Highlights for the Quarter Ended March 31, 2024: Net income of $4.9 million, or $0.05 per share on a fully diluted basis Core FFO of $30.8 million, or $0.29 per share on a fully diluted basis Received an investment grade issuer credit rating from Kroll Bond Rating Agency, LLC of BBB with Stable Outlook Extended the maturity date of the Company's $100 million unsecured term loan executed in 2016 to January 30, 2025 Achieved a reduction in the margin spreads under the Company's amended senior unsecured credit agreement as a result of obtaining a pre-determined sustainability metric Announced the Company had been awarded a 20-year non-cancelable lease to develop a 50,777 rentable square foot Federal courthouse in Flagstaff, Arizona ("JU Show less Read more
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