East Properties(US:EGP) ZACKS·2025-10-23 22:21Core Insights - EastGroup Properties (EGP) reported quarterly funds from operations (FFO) of $2.27 per share, slightly missing the Zacks Consensus Estimate of $2.28 per share, but showing an increase from $2.13 per share a year ago, resulting in an FFO surprise of -0.44% [1] - The company posted revenues of $182.14 million for the quarter ended September 2025, aligning with the Zacks Consensus Estimate and reflecting a year-over-year increase from $162.88 million [2] - The stock has gained approximately 12.6% year-to-date, underperforming the S&P 500's gain of 13.9% [3] Financial Performance - Over the last four quarters, EastGroup Properties has surpassed consensus FFO estimates two times and topped consensus revenue estimates two times [2] - The current consensus FFO estimate for the upcoming quarter is $2.33, with expected revenues of $186.22 million, and for the current fiscal year, the estimate is $8.96 on revenues of $719.74 million [7] Market Outlook - The sustainability of the stock's price movement will depend on management's commentary during the earnings call and the outlook for future FFO expectations [3][4] - The Zacks Industry Rank places the REIT and Equity Trust - Other sector in the top 34% of over 250 Zacks industries, indicating a favorable industry outlook [8] - EastGroup Properties currently holds a Zacks Rank 2 (Buy), suggesting that the shares are expected to outperform the market in the near future [6]