EastGroup Properties Announces First Quarter 2019 Results
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Eastgroup Properties (EGP) Tops Q1 EPS by 9c, Revenues Beat; Offers FY19 EPS Guidance Above Consensus
April 22, 2019 4:13 PM EDTEastgroup Properties (NYSE: EGP) reported Q1 EPS of $0.62, $0.09 better than the analyst estimate of $0.53. Revenue for the quarter came in at $78.8 million versus the consensus estimate of $78.71 million.
Net Income Attributable to Common Stockholders of $0.62 Per Share for First Quarter 2019 Compared to $0.83 Per Share for First Quarter 2018 (2019 Included Gains on Sales of Real Estate Investments and Non-Operating Real Estate of $2.3 Million, or $0.06 Per Share, Compared to $10.3 Million, or $0.30 Per Share, in First Quarter 2018)Funds from Operations of $1.20 Per Share for First Quarter 2019 Compared to $1.14* Per Share for First Quarter 2018, an... More