EastGroup Properties (EGP) Surpasses Q4 FFO and Revenue Estimates

EastGroup Properties (EGP) came out with quarterly funds from operations (FFO) of $2.34 per share, beating the Zacks Consensus Estimate of $2.33 per share. This compares to FFO of $2.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +0.30%. A quarter ago, it was expected that this real estate investment trust would post FFO of $2.28 per share when it actually produced FFO of $2.27, delivering a surprise of -0.44%.Over the last fou ...