EastGroup Properties Announces First Quarter 2016 Results

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Stifel Upgrades EastGroup Properties (EGP) to Buy

April 22, 2016 6:41 AM EDT

Stifel upgraded EastGroup Properties (NYSE: EGP) from Hold to Buy with a price target of $68.00.

For an analyst ratings summary and ratings history on EastGroup Properties click here. For more ratings news on EastGroup Properties click here.

Shares of EastGroup Properties closed at $59.19 yesterday.

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Eastgroup Properties (EGP) Misses Q1 FFO by 2c; Guides Relatively In-Line

April 20, 2016 4:33 PM EDT

Eastgroup Properties (NYSE: EGP) reported Q1 FFO of $0.91, $0.02 worse than the analyst estimate of $0.93. Revenue for the quarter came in at $61.6 million versus the consensus estimate of $61.57 million.

GUIDANCE:

Eastgroup Properties sees Q2 2016 FFO of $0.97-$0.99, versus the consensus of... More