EastGroup Properties (EGP) Tops Q3 FFO and Revenue Estimates

EastGroup Properties (EGP) came out with quarterly funds from operations (FFO) of $2.13 per share, beating the Zacks Consensus Estimate of $2.10 per share. This compares to FFO of $1.95 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 1.43%. A quarter ago, it was expected that this real estate investment trust would post FFO of $2.05 per share when it actually produced FFO of $2.05, delivering no surprise.Over the last four quarters ...