What Should We Expect From Easterly Government Properties Inc’s (DEA) Earnings In The Year Ahead?
Easterly Government Properties Inc (NYSE:DEA) is expected to deliver a whopping 115.52% in earnings growth per share over the next year. With the recent EPS being $0.106, expected growth will push the upcoming EPS to $0.228. To determine whether this growth rate expectation is justified, we should take a look at how the company has been performing in the past. Check out our latest analysis for Easterly Government Properties
How is Easterly Government Properties going to perform in the future?
Easterly Government Properties is poised for extremely high earnings growth in the near future. DEA is covered by 3 analysts who, by consensus, are bullish with earnings estimated to increase from current levels of $0.106 to $0.228 over the next year. This illustrates a relatively optimistic outlook in the near term, with a relatively solid earnings per share growth rate of 115.52% over the next 1-2 years. In the same period revenue is predicted to grow from $116M $144M
Basis for the growth
The past can be an insightful indicator for future performance for a stock. We can determine whether this level of expected growth is excessive or whether the company continues to go from strength to strength. DEA’s earnings growth last year was 41.17% which indicates that the company’s past performance will continue to persist into the future. This means DEA has already proven its capacity to grow at a strong rate, which should give investors higher conviction of analysts’ consensus prediction for the company’s future growth moving forward.
Next Steps:
For DEA, there are three important factors you should further examine:
1. Financial Health: Does it have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk.
2. Valuation: What is DEA worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether DEA is currently mispriced by the market.
3. Other High-Growth Alternatives : Are there other high-growth stocks you could be holding instead of DEA? Explore our interactive list of stocks with large growth potential to get an idea of what else is out there you may be missing!
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
