Eastgroup Properties (EGP) Tops Q2 EPS by 33c

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Go back to Eastgroup Properties (EGP) Tops Q2 EPS by 33c

EastGroup Properties Announces Second Quarter 2022 Results

July 26, 2022 4:05 PM EDT

Second Quarter 2022 Results

Net Income Attributable to Common Stockholders of $1.09 Per Diluted Share for Second Quarter 2022 Compared to $0.69 Per Diluted Share for Second Quarter 2021 (Gains on Sales of Real Estate Investments Were $11 Million, or $0.25 Per Diluted Share, for Second Quarter 2022; There Were No Sales in Second Quarter 2021) Funds from Operations of $1.72 Per Share for Second Quarter 2022 Compared to $1.47 Per Share for Second Quarter 2021, an Increase of 17.0%Same Property Net Operating Income for the Same Property Pool Excluding Income From Lease Terminations Increased 9.5%... More