Eastgroup Properties (EGP) Tops Q1 EPS by 73c

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Go back to Eastgroup Properties (EGP) Tops Q1 EPS by 73c

EastGroup Properties Announces First Quarter 2022 Results

April 26, 2022 4:05 PM EDT

First Quarter 2022 Results

Net Income Attributable to Common Stockholders of $1.54 Per Diluted Share for First Quarter 2022 Compared to $0.69 Per Diluted Share for First Quarter 2021 (Gains on Sales of Real Estate Investments Were $30 Million, or $0.73 Per Diluted Share, for First Quarter 2022; There Were No Sales in First Quarter 2021)Funds from Operations of $1.68 Per Share for First Quarter 2022 Compared to $1.45 Per Share for First Quarter 2021, an Increase of 15.9%Same Property Net Operating Income for the Same Property Pool Excluding Income From Lease Terminations Increased 8.5%... More