Easterly Government Properties, Inc. (DEA) Q3 2023 Earnings Call Transcript

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Q3: 2023-10-31 Earnings Summary

EPS of $0.15 misses by $0.02
 | Revenue of $72.01M (-4.03% Y/Y) beats by $1.13M

Easterly Government Properties, Inc. (NYSE:DEA) Q3 2023 Earnings Conference Call October 31, 2023 10:00 AM ET

Company Participants

Lindsay Winterhalter - Head, IR
Darrell Crate - Chairman
William Trimble - President and CEO
Meghan Baivier - EVP, CFO, and COO

Conference Call Participants

Michael Griffin - Citi
John Kim - BMO Capital Markets
Bill Crow - Raymond James
Aditi Balachandran - RBC Capital Markets
Peter Abramowitz - Jefferies

Operator

Greetings. Welcome to the Easterly Government Properties' Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session between the company's research analysts and Easterly's management team. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Lindsay Winterhalter, Head of Investor Relations. Please go ahead.

Lindsay Winterhalter

Good morning. Before the call begins, please note that certain statements made during this conference call may include statements that are not historical facts and are considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

Although the company believes that its expectations as reflected in any forward-looking statements are reasonable, it can give no assurance that these expectations will be obtained or achieved.

Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond the company's control, including without limitation, those contained in the company's most recent Form 10-K filed with the SEC and in its other SEC filings. The company assumes no obligation to update publicly any forward-looking statements.

Additionally, on this conference call, the company may refer to certain non-GAAP financial measures such as funds from operations, core funds from operations, funds from operations

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