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EastGroup Properties (EGP) Reports Q2 Earnings: What Key Metrics Have to Say
East PropertiesEast Properties(US:EGP) ZACKSยท2025-07-23 23:01

Group 1 - EastGroup Properties reported $177.29 million in revenue for Q2 2025, an 11.4% year-over-year increase, and an EPS of $2.21 compared to $1.14 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $175.54 million by 0.99%, while the EPS surprised by 0.45% over the consensus estimate of $2.20 [1] - Income from real estate operations was $177.26 million, surpassing the average estimate of $175.22 million, reflecting a 12.7% year-over-year change [4] Group 2 - Other revenue was reported at $0.01 million, significantly lower than the estimated $0.13 million, marking a 99.3% decline year-over-year [4] - Net Earnings Per Share (Diluted) was $1.20, slightly above the average estimate of $1.19 [4] - Over the past month, shares of EastGroup Properties returned -3.4%, contrasting with the Zacks S&P 500 composite's +5.9% change, indicating underperformance relative to the broader market [3]