Easterly Government Properties Raises 2026 Guidance After Strong Q2

Easterly Government Properties Inc. reported second-quarter 2026 financial results on Monday that exceeded analyst expectations. The real estate investment trust posted revenue of $92.42 million and adjusted earnings per share of $0.78. Following these results, the company increased its full-year 2026 Core Funds From Operations (FFO) guidance to a range of $3.07 to $3.13 per share.

CEO Darrell Crate attributed the higher guidance to the durability of the company's portfolio and strong execution across the business, including in the capital markets. The company's portfolio consisted of 106 operating properties with a 98% occupancy rate as of June 30, 2026.

To support continued growth, the company announced the closure of a new five-year $200 million senior unsecured term loan facility maturing in June 2031. Additionally, the Board of Directors approved a quarterly dividend of $0.45 per common share.