EastGroup Properties (EGP) Beats Q2 FFO and Revenue Estimates

分组1 - EastGroup Properties (EGP) reported quarterly funds from operations (FFO) of $2.21 per share, exceeding the Zacks Consensus Estimate of $2.20 per share, and up from $2.05 per share a year ago, representing an FFO surprise of +0.45% [1] - The company posted revenues of $177.29 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.99%, compared to year-ago revenues of $159.09 million [2] - Over the last four quarters, EastGroup Properties has exceeded consensus FFO estimates three times and topped consensus revenue estimates three times [2] 分组2 - The stock's immediate price movement will depend on management's commentary on the earnings call and future FFO expectations [3] - EastGroup Properties shares have increased approximately 4.5% since the beginning of the year, while the S&P 500 has gained 7.3% [3] - The current consensus FFO estimate for the coming quarter is $2.26 on revenues of $179.53 million, and for the current fiscal year, it is $8.90 on revenues of $713.15 million [7] 分组3 - The estimate revisions trend for EastGroup Properties was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] - The REIT and Equity Trust - Other industry is currently in the bottom 37% of the Zacks industries, which may impact stock performance [8]