EastGroup Properties (EGP) Q3 FFO Lag Estimates

EastGroup Properties (EGP) came out with quarterly funds from operations (FFO) of $2.27 per share, missing the Zacks Consensus Estimate of $2.28 per share. This compares to FFO of $2.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -0.44%. A quarter ago, it was expected that this real estate investment trust would post FFO of $2.2 per share when it actually produced FFO of $2.21, delivering a surprise of +0.45%.Over the last four ...