Reporting first quarter results Monday, Washington-based REIT Easterly Government Properties said funds from operations—a closely watched industry gauge—reached $37.1 million, or 77 cents per share. The company recorded net income of $1.4 million, or 3 cents per share, on $91.5 million in revenue, and expects full-year FFO of $3.06 to $3.12 per share.
Prepared by Christopher Adams and reviewed by editorial team.
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