EastGroup Properties Announces Third Quarter 2018 Results

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Eastgroup Properties (EGP) Tops Q3 EPS by 14c, Revenues Beat; Offers FY18 EPS Outlook Above Consensus

October 18, 2018 4:12 PM EDT

Eastgroup Properties (NYSE: EGP) reported Q3 EPS of $0.64, $0.14 better than the analyst estimate of $0.50. Revenue for the quarter came in at $75.33 million versus the consensus estimate of $74.25 million.

Commenting on EastGroup's performance, Marshall Loeb, CEO, stated, "Our third quarter results... More