Eastgroup Properties (EGP) Reports In-Line Q1 FFO

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Go back to Eastgroup Properties (EGP) Reports In-Line Q1 FFO

EastGroup Properties Announces First Quarter 2015 Results

April 16, 2015 4:01 PM EDT

JACKSON, Miss., April 16, 2015 /PRNewswire/ --

Funds from Operations of $28.1 Million ($.87 Per Share) for the Quarter Compared to $25.4 Million ($.82 Per Share) for the Same Quarter Last Year, an Increase of 6.1% Per Share Net Income Attributable to Common Stockholders of $9.9 Million ($.31 Per Diluted Share) for the Quarter Same Property Net Operating Income Growth of 2.9% for the Quarter; 4.4% Increase Without Straight-Line Rent Adjustments 97.0% Leased, 96.2% Occupied as of March 31, 2015 Renewed or Re-Leased 95% of Expiring Square Feet During the... More