Compared to Estimates, EastGroup Properties (EGP) Q1 Earnings: A Look at Key Metrics

Core Insights - EastGroup Properties (EGP) reported revenue of $174.45 million for Q1 2025, a 13.1% increase year-over-year, with EPS of $2.12 compared to $1.22 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of $170.29 million, resulting in a surprise of +2.44%, while the EPS also surpassed the consensus estimate of $2.11 by +0.47% [1] Revenue Breakdown - Income from real estate operations was $172.64 million, exceeding the average estimate of $169.52 million by analysts, reflecting a year-over-year increase of +12.1% [4] - Other revenue reached $1.81 million, significantly higher than the average estimate of $0.30 million, marking a year-over-year change of +1103.3% [4] Stock Performance - Over the past month, shares of EastGroup Properties have returned -9.3%, compared to a -6.6% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]