EastGroup Properties

EastGroup Properties, Inc. is an internally-managed equity real estate investment trust. The firm is engaged in the development, acquisition, and operation of industrial properties in the United States. Its portfolio consists of distribution facilities in Florida, California, Texas, Arizona, and North Carolina. The company was founded in 1969 and is headquartered in Ridgeland, MS.

Earnings data Q2 2020

Earnings data Q1 2021

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Earnings data Q2 2024

EastGroup Properties reports strong Q1 results, anticipates wider rent growth

EastGroup Properties delivered strong financial performance, highlighted the stability of 3PL tenants, and discussed potential challenges and opportunities in the market. The company expressed cautious optimism about the acquisition environment and availability for follow-up questions.

EGP reports strong Q2 results, eyes opportunities in homebuilding

EGP's Q2 results exceeded expectations, driven by strong FFO and increased occupancy. While facing challenges in specific markets, the company remains optimistic about future opportunities, particularly in the homebuilding and last mile distribution sectors.

EGP reports strong Q3 results and outlines growth opportunities

EGP's strong Q3 performance and optimistic outlook position the company for future growth, despite challenges related to construction delays and cautious tenant expansion. The company's adaptability, strategic decision-making, and focus on market opportunities underscore its resilience and potential for value creation.

EastGroup Properties reports record Q4 performance and eyes nearshoring opportunities

EastGroup Properties demonstrated strong financial performance, with a focus on resilient industrial markets and robust leasing activity. While cautious about development and acquisitions, the company sees opportunities in nearshoring and potential distressed acquisitions. The call also highlighted the company's consideration of issuing equity and the impact of interest rates on acquisitions and tenant decision-making.

EGP surpasses Q1 earnings expectations, eyes growth amid market challenges

EGP's Q1 2024 performance exceeded expectations, showcasing growth in FFO per share and occupancy rates. While facing challenges with leasing decisions and return hurdles, the company remains focused on capital deployment and quality acquisitions to drive long-term growth.

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EastGroup Properties, Inc. is an internally-managed equity real estate investment trust, which engages in the development, acquisition, and operation of industrial properties. The company was founded in 1969 and is headquartered in Ridgeland, MS.

EastGroup Properties, Inc. (EGP) CEO Marshall Loeb on Q1 2020 Results - Earnings Call Transcript

EastGroup Properties (EGP) delivered FFO and revenue surprises of 1.55% and 0.74%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

EastGroup Properties (EGP) Q1 FFO and Revenues Surpass Estimates

EastGroup Properties (EGP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for EastGroup Properties (EGP) This Earnings Season?

EastGroup Properties, Inc. (EGP) CEO Marshall Loeb on Q4 2019 Results - Earnings Call Transcript

EastGroup Properties (EGP) delivered FFO and revenue surprises of 0.79% and 0.46%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

EastGroup Properties (EGP) Beats Q4 FFO and Revenue Estimates

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Maintaining its impressive track record of increasing dividends, EastGroup Properties (EGP) announces 4.2% sequential hike in quarterly distributions.

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Eastgroup Properties' (EGP) CEO Marshall Loeb on Q2 2019 Results - Earnings Call Transcript

EastGroup Properties (EGP) delivered FFO and revenue surprises of 0.00% and 2.76%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

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EastGroup Properties, Inc. (EGP) CEO Marshall Loeb on Q1 2019 Results - Earnings Call Transcript

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