DEA Earnings Prediction
The chart below shows how DEA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, DEA sees a +1.63% change in stock price 10 days leading up to the earnings, and a -1.37% change 10 days following the report. On the earnings day itself, the stock moves by -0.46%. This data can give you a slight idea of what to expect for the next quarter's release.
DEA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
74.78M
3.84%
-1.89%
Gross Margin
64.93%
101.46%
-1.04%
Operating Margin
27.21%
14.57%
8.88%
Net Margin
6.84%
-18.96%
7.55%
EPS
0.05
-16.67%
25.00%
No Data Available
DEA Earnings Analysis
Easterly Government Properties, Inc. Corporation (DEA.N) Earnings Conference Call
Positive
Acquisition Pipeline Expansion: 1. Acquisition Growth: Closed on $139.5 million of acquisitions in 2024, consisting of six new assets, contributing to a robust pipeline of approximately $1.5 billion in potential opportunities.
Core FFO Performance: 2. Core FFO Growth: Core FFO per share grew to $0.30, aligning with the company's goal of achieving 2% to 3% growth year-over-year.
Cash Distribution Strength: 3. Cash Available for Distribution: Cash available for distribution reached $25.1 million, indicating strong operational cash flow.
2025 Core FFO Guidance: 4. 2025 Core FFO Guidance: Introduced 2025 core FFO guidance in the range of $1.17 to $1.21 per share, reflecting confidence in continued growth and operational efficiency.
Lease Renewal Success: 5. Lease Renewals: Successfully renewed all significant 2024 leases, with expectations for net effective rent spreads in the mid to high-teens for 2025.
Negative
Net Income Decline: 1. Declining Net Income: Net income per share for Q3 2024 was only $0.05, indicating a lack of significant profitability growth compared to previous quarters.
Core FFO Guidance Stagnation: 2. Core FFO Guidance Uncertainty: The company maintained its full year core FFO per share guidance for 2024 at $1.15 to $1.17, which reflects a stagnation in expected earnings growth amid challenging market conditions.
Leverage and Financial Stability: 3. High Leverage Concerns: The company anticipates maintaining leverage in the range of 6.5% to 7.5%, which raises concerns about financial stability and the ability to manage debt effectively in a fluctuating market.
Acquisition Strategy Challenges: 4. Limited Acquisition Pipeline: Despite a robust pipeline of $1.5 billion, the company noted that acquisitions could be lumpy, indicating potential challenges in executing its growth strategy and achieving desired returns.
G&A Expense Changes: 5. G&A Expense Fluctuations: A significant decrease in G&A expenses was attributed to the voluntary resignation of a key executive, which raises concerns about operational continuity and potential future costs related to turnover.
DEA FAQs
How does DEA typically perform around its earnings report dates?
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DEA Earning Call Sentiment
Easterly Government Properties, Inc. (DEA) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
DEA.N
-1.17%Positive
The earnings call summary indicates strong financial metrics with stable guidance, sustained growth, and strategic acquisitions, despite political and regulatory risks. The Q&A revealed management's confidence in leveraging opportunities, maintaining leverage, and cost-efficient acquisitions. The introduction of 2025 guidance and dividend coverage plans further supports positive sentiment. Given the company's small market cap, a positive stock price movement of 2% to 8% is expected over the next two weeks.