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EastGroup Properties (EGP) Earnings Date, Estimates & Call Transcripts

$184.94
-1.41 (-0.76%)
(As of 09/6/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Oct. 22Estimated
Actual EPS
(Jul. 23)
$1.14 Missed By -$0.91
Consensus EPS
(Jul. 23)
$2.05
Skip Charts & View Estimated and Actual Earnings Data

EGP Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

EGP Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

EastGroup Properties Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20243$1.86$2.04$1.97 
Q2 20243$1.89$2.05$1.99 
Q3 20243$1.93$2.11$2.042.060 - 2.120
Q4 20243$1.94$2.17$2.07 
FY 202412$7.62$8.37$8.08 
Q1 20251$2.25$2.25$2.25 

EGP Earnings Date and Information

EastGroup Properties last posted its earnings data on July 23rd, 2024. The real estate investment trust reported $1.14 EPS for the quarter, missing analysts' consensus estimates of $2.05 by $0.91. The business earned $159.09 million during the quarter, compared to analysts' expectations of $156.70 million. Its revenue for the quarter was up 13.7% on a year-over-year basis. EastGroup Properties has generated $4.61 earnings per share over the last year ($4.61 diluted earnings per share) and currently has a price-to-earnings ratio of 40.1. Earnings for EastGroup Properties are expected to grow by 8.05% in the coming year, from $8.32 to $8.99 per share. EastGroup Properties has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, October 22nd, 2024 based off prior year's report dates.

EastGroup Properties Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
10/22/2024
(Estimated)
------- 
7/23/2024Q2 2024$2.05$1.14($0.91)$1.14$156.70 million$159.09 million        
4/26/2022Q1 2022$1.62$0.81($0.81)---        
2/7/2022Q4 2021$0.79$1.75+$0.96-$106.38 million$107.37 million      
10/26/2021Q3 2021$1.48$0.76($0.72)$0.76$101.40 million$104.60 million      
7/27/2021Q2 2021$1.45$0.69($0.76)$0.69$98.61 million$99.58 million        
4/27/2021Q1 2021$1.39$0.69($0.70)$0.69$94.62 million$97.90 million    
2/8/2021Q4 2020$0.61$0.94+$0.33$0.94$93.05 million$92.70 million    
10/27/2020Q3 2020$1.33$0.62($0.71)$0.62--      
7/28/2020Q2 2020$1.27$0.60($0.67)$0.60$88.63 million$89.72 million      
4/30/2020Q1 2020$1.29$0.60($0.69)$0.60$87.91 million$88.63 million      
2/6/2020Q4 2019$1.26$1.29+$0.03$1.28$85.98 million$86.55 million    
10/23/2019Q3$1.25$0.60($0.65)$0.60$83.24 million$83.94 million      

EastGroup Properties Earnings - Frequently Asked Questions

When is EastGroup Properties's earnings date?

EastGroup Properties has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, October 22nd, 2024 based off last year's report dates. Learn more on EGP's earnings history.

What guidance has EastGroup Properties issued on next quarter's earnings?

EastGroup Properties issued an update on its third quarter 2024 earnings guidance on Tuesday, July, 23rd. The company provided earnings per share (EPS) guidance of 2.060-2.120 for the period, compared to the consensus estimate of 2.100. The company issued revenue guidance of -.

Did EastGroup Properties beat their earnings estimates last quarter?

In the previous quarter, EastGroup Properties (NYSE:EGP) missed the analysts' consensus estimate of $2.05 by $0.91 with a reported earnings per share (EPS) of $1.14. Learn more on analysts' earnings estimate vs. EGP's actual earnings.

How can I listen to EastGroup Properties's earnings conference call?

The conference call for EastGroup Properties's latest earnings report can be listened to online. Listen to Conference Call

How can I read EastGroup Properties's conference call transcript?

The conference call transcript for EastGroup Properties's latest earnings report can be read online. Read Transcript

How can I view EastGroup Properties's earnings report?

EastGroup Properties's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does EastGroup Properties generate each year?

EastGroup Properties (NYSE:EGP) has a recorded annual revenue of $608.99 million.

How much profit does EastGroup Properties generate each year?

EastGroup Properties (NYSE:EGP) has a recorded net income of $200.49 million. EGP has generated $4.61 earnings per share over the last four quarters.

What is EastGroup Properties's price-to-earnings ratio?

EastGroup Properties (NYSE:EGP) has a trailing price-to-earnings ratio of 40.12 and a forward price-to-earnings ratio of 22.23. The price/earnings-to-growth ratio is 2.96.

What is EastGroup Properties's EPS forecast for next year?

EastGroup Properties's earnings are expected to grow from $8.32 per share to $8.99 per share in the next year, which is a 8.05% increase.


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This page (NYSE:EGP) was last updated on 9/7/2024 by MarketBeat.com Staff

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