Easterly Government Properties Q2 net income falls to $3.2 million; revenue rises to $92.42 million
DEA•Guidance and dividend
Guidance for full-year 2026 non-GAAP core FFO per share was raised to $3.07-$3.13.
The quarterly dividend was set at $0.45 a share.
Second-quarter results
Easterly Government Properties posted GAAP net income of $3.2 million, or $0.07 a share, for Q2 2026.
Revenue rose 9.71% year over year to $92.42 million.
Core FFO and portfolio update
Non-GAAP core FFO increased 7.97% to $37.4 million, or $0.78 a share.
The portfolio was 98% leased at June 30, spanning 106 operating properties totaling about 10.7 million leased square feet.
