Eastgroup Properties (EGP) Tops Q3 EPS by 14c, Revenues Beat; Offers FY18 EPS Outlook Above Consensus
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EastGroup Properties Announces Third Quarter 2018 Results
October 18, 2018 4:05 PM EDTJACKSON, Miss., Oct. 18, 2018 /PRNewswire/ --
Net Income Attributable to Common Stockholders of $.64 Per Share Compared to $.46 Per Share for the Same Quarter of 2017 Funds from Operations of $1.17 Per Share Compared to $1.08 Per Share for the Same Quarter Last Year, an Increase of 8.3% Same Property Net Operating Income (PNOI) for the Annual Same Property Pool (Excluding Income From Lease Terminations) for Third Quarter Increased 3.6% on a Straight-Line Basis and 4.7% on a Cash Basis 97.1% Leased, 95.7% Occupied as of September 30, 2018; Average Occupancy of 95.6% for the Quarter... More