Easterly Government Properties, Inc. (NYSE:DEA) is reporting third quarter financial results on Monday 2nd November 2020, before market open.
According to analysts surveyed by Thomson Reuters, DEA is expected to report 3Q20 income of $ 0.05 per share from revenue of $ 62.16 million.
For the full year, analysts anticipate top line of $ 245.28 million, while looking forward to income of $ 0.19 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.23 ~ $ 1.25 per share
Click Here For More Historical Outlooks Of Easterly Government Properties, Inc.
Previous Quarter Performance
Easterly Government Properties, Inc. unveiled income for the second quarter of $ 0.31 per share, from the revenue of $ 60.53 million. The quarterly earnings developed 287.50 percent while revenues gained 14.75 percent compared with the same quarter last year. The top line results fell short of analysts by $ 0.15 million or 0.25 percent.
Stock Performance
On Friday, shares of Easterly Government Properties, Inc. has traded high as $ 20.99 and has cracked $ 20.64 on the downward trend, reaching $ 20.90 with volume of 534.70 thousand shares.
According to the previous trading day, closing price of $ 20.90, representing a 8.89 % increase from the 52 week low of $ 19.00 and a 30.34 % decrease over the 52 week high of $ 29.70.
The company has a market capital of $ 1.67 billion and is part of the Real Estate sector and REIT – Office industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.26 per share on July 29, 2020. The dividend were payable on September 11, 2020 to holders of record as of the close of business on August 13, 2020 and ex-dividend date on August 12, 2020.
Conference Call
Easterly Government Properties, Inc. will be hosting a conference call at 10:00 AM eastern time on 2nd November 2020, to discuss its 3Q20 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.
