Easterly Government Properties FY24 FFO Outlook $1.14 - $1.16 Vs. $1.12 Estimate
Outlook for the 12 Months Ending December 31, 2024
The Company is introducing its guidance for full-year 2024 Core FFO per share on a fully diluted basis at a range of $1.14 - $1.16.
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|
Low |
|
|
High |
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Net income (loss) per share – fully diluted basis |
|
$ |
0.22 |
|
|
|
0.24 |
Plus: Company's share of real estate depreciation and amortization |
|
$ |
0.91 |
|
|
|
0.91 |
FFO per share – fully diluted basis |
|
$ |
1.13 |
|
|
|
1.15 |
Plus: Company's share of depreciation of non-real estate assets |
|
$ |
0.01 |
|
|
|
0.01 |
Core FFO per share – fully diluted basis |
|
$ |
1.14 |
|
|
|
1.16 |
This guidance assumes (i) the closing of VA - Jacksonville through the JV at the Company's pro rata share of approximately $41 million, and (ii) $100 - $110 million of gross development-related investment during 2024.