Easterly Government Properties: Q1 Earnings Snapshot May 4, 2021 GMT WASHINGTON (AP) _ Easterly Government Properties Inc. (DEA) on Tuesday reported a key measure of profitability in its first quarter. The results exceeded Wall Street expectations. The Washington-based real estate investment trust said it had funds from operations of $30.2 million, or 33 cents per share, in the period. The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 32 cents per share. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had net income of $7 million, or 8 cents per share.