Easterly Government Properties reports Q1 core FFO 29c, consensus 28c

Reports Q1 revenue $72.80M, consensus $74.18M. “Our ability to deliver essential infrastructure to mission-critical U.S. government agencies is the bedrock of our shareholder value,” said CEO Darrell Crate. “We are in forward planning mode and have a robust pipeline of accretive deals that should enable us to meet our targeted 2 – 3% Core FFO growth trajectory, and we remain focused on enhancing our portfolio through leases backed by the full faith and credit of the US Government.”