EastGroup Properties Announces First Quarter 2020 Results

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Go back to EastGroup Properties Announces First Quarter 2020 Results

Eastgroup Properties (EGP) Tops Q1 EPS by 4c

April 30, 2020 4:54 PM EDT

Eastgroup Properties (NYSE: EGP) reported Q1 EPS of $0.60, $0.04 better than the analyst estimate of $0.56.

Net Income Attributable to Common Stockholders of $0.60 Per Share for First Quarter 2020 Compared to $0.62 Per Share for First Quarter 2019 (First Quarter 2019 Included Gains on Sales of Real Estate Investments of $2.3 Million, or $0.06 Per Share; There Were No Sales in First Quarter 2020)Funds from Operations of $1.31 Per Share for First Quarter 2020 Compared to $1.20 Per Share for First Quarter 2019, an Increase of 9.2%Same Property Net Operating Income for the Same Property Pool Excluding... More