Easterly Government Properties, Inc. (NYSE:DEA) is reporting second quarter financial results on Tuesday 4th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, DEA is expected to report 2Q20 income of $ 0.03 per share from revenue of $ 60.68 million.
For the full year, analysts anticipate top line of $ 244.96 million, while looking forward to income of $ 0.15 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.22 ~ $ 1.24 per share
Click Here For More Historical Outlooks Of Easterly Government Properties, Inc.
Previous Quarter Performance
Easterly Government Properties, Inc. reported income for the first quarter of $ 0.29 per share, from the revenue of $ 58.22 million. The quarterly earnings while revenues grew 15.04 percent compared with the same quarter last year.
Wall street analysts are predicting revenue of $ 59.84 million The bottom line results street analysts by $ 0.14 or , at the same time, top line results fell short of analysts by $ 1.62 million or 2.71 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Easterly Government Properties, Inc.
Stock Performance
According to the previous trading day, closing price of DEA was $ 24.05, representing a 29.16 % increase from the 52 week low of $ 18.62 and a 19.02 % decrease over the 52 week high of $ 29.70.
The company has a market capital of $ 1.81 billion and is part of the Real Estate sector and REIT – Office industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.26 per share on April 30, 2020. The dividend were payable on June 25, 2020 to holders of record as of the close of business on May 14, 2020 and ex-dividend date on May 13, 2020.
Conference Call
Easterly Government Properties, Inc. will be hosting a conference call at 10:00 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.easterlyreit.com
Easterly Government Properties, Inc. (NYSE:DEA) is based in Washington, D.C., and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government.
