Easterly Government Properties Tops Second-Quarter Forecasts and Lifts Full-Year Outlook

Easterly Government Properties Inc. reported second-quarter results that surpassed analyst forecasts, leading the real estate investment trust to increase its full-year outlook. The company posted adjusted earnings of $0.78 per share, with revenue reaching $92.42 million compared to the consensus estimate of $90.94 million. This represented a 9.7% increase from the prior-year quarter’s $84.23 million in revenue.
Core funds from operations totaled $37.4 million, or $0.78 per diluted share,