Eastgroup Properties (EGP) Tops Q1 EPS by 17c, provides guidance

Eastgroup Properties (NYSE: EGP) reported Q1 EPS of $1.22, $0.17 better than the analyst estimate of $1.05. Revenue for the quarter came in at $154.22 million versus the consensus estimate of $152.57 million.

Guidance:

Q2 2024: Funds from operations per share data (diluted): $1.99-$2.0.
Y/E 2024: Funds from operations per share data (diluted): $8.17-$8.3.

For earnings history and earnings-related data on Eastgroup Properties (EGP) click here.

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