Eastgroup Properties (EGP) Reports In-Line Q3 FFO, Updates Guidance

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Go back to Eastgroup Properties (EGP) Reports In-Line Q3 FFO, Updates Guidance

EastGroup Properties Announces Third Quarter 2015 Results

October 15, 2015 4:16 PM EDT

JACKSON, Miss., Oct. 15, 2015 /PRNewswire/ -- 

Funds from Operations of $30.2 Million ($.94 Per Share) for the Quarter Compared to $28.1 Million ($.89 Per Share) for the Same Quarter Last Year, an Increase of 5.6% Per Share Net Income Attributable to Common Stockholders of $12.0 Million ($.37 Per Diluted Share) for the Quarter Same Property Net Operating Income Growth of 1.3% for the Quarter; 2.0% Increase Without Straight-Line Rent Adjustments 96.6% Leased, 95.8% Occupied as of September 30, 2015; Average Occupancy of 96.0% for the Quarter Renewed or Re-Leased 84% of Expiring Square Feet During the Quarter... More