Eastgroup Properties (EGP) Tops Q2 FFO by 4c

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Go back to Eastgroup Properties (EGP) Tops Q2 FFO by 4c

EastGroup Properties Announces Second Quarter 2018 Results

July 19, 2018 4:15 PM EDT

JACKSON, Miss., July 19, 2018 /PRNewswire/ --

Net Income Attributable to Common Stockholders of $.52 Per Share Compared to $1.08 Per Share for the Same Quarter of 2017 (2017 Includes Gains on Sales of Real Estate Investments of $.64 Per Share) Funds from Operations of $1.16 Per Share Compared to $1.05 Per Share for the Same Quarter Last Year, an Increase of 10.5% Funds from Operations Excluding Gain on Casualties and Involuntary Conversion ($.03 Per Share in Second Quarter 2018) of $1.13 Per Share Compared to $1.05 Per Share for the Same Quarter Last Year, an Increase of 7.6% Same Property Net Operating Income (PNOI) Growth of 6.5%... More