Eastgroup Properties (EGP) Tops Q1 EPS by 8c, Revenues Beat; Offers FY21 EPS Outlook
Get Alerts EGP Hot Sheet
EPS Growth %: +2.9%
Financial Fact:
Depreciation and amortization: 19.36M
Today's EPS Names:
SFST, VLTO, CLIR, More
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Eastgroup Properties (NYSE: EGP) reported Q1 EPS of $0.69, $0.08 better than the analyst estimate of $0.61. Revenue for the quarter came in at $97.93 million versus the consensus estimate of $94.59 million.
GUIDANCE:
Eastgroup Properties sees FY 2021 EPS of $2.53-$2.63, versus the consensus of $2.54.
EPS for 2021 is now estimated to be in the range of $2.53 to $2.63. Estimated FFO per share attributable to common stockholders for 2021 is now estimated to be in the range of $5.74 to $5.84. The table below reconciles projected net income attributable to common stockholders to projected FFO. The Company is providing a projection of estimated net income attributable to common stockholders solely to satisfy the disclosure requirements of the U.S. Securities and Exchange Commission.
For earnings history and earnings-related data on Eastgroup Properties (EGP) click here.
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