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

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$161.44 +2.70 (+1.70%)
(As of 12/20/2024 04:33 PM ET)

EastGroup Properties Latest Earnings Summary

Actual EPS
(Oct. 23)
$1.13 Missed By -$0.97
Consensus EPS
(Oct. 23)
$2.10

EastGroup Properties announced Q3 2024 earnings on October 23, 2024, reporting an EPS of $1.13, which missed the consensus estimate of $2.10 by $0.97. Quarterly revenue rose 11.2% year-over-year to $162.88 million, above analysts' expectations of $161.52 million. With a trailing EPS of $4.84 and a P/E Ratio of 33.36, EastGroup Properties' earnings are expected to grow 7.42% next year, from $8.36 to $8.98 per share.

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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$2.072.130 - 2.170
FY 202412$7.62$8.37$8.08 
Q1 20251$2.25$2.25$2.25 

EastGroup Properties Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
10/23/2024Q3 2024$2.10$1.13 -$0.97$1.13$161.52M$162.88M
7/23/2024Q2 2024$2.05$1.14 -$0.91$1.14$156.70M$159.09M

EastGroup Properties Earnings - Frequently Asked Questions

EastGroup Properties (NYSE:EGP) last announced its quarterly earning data on Wednesday, October 23, 2024. Learn more on EGP's earnings history.

EastGroup Properties updated its fourth quarter 2024 earnings guidance on Wednesday, October, 23rd. The company provided EPS guidance of 2.130-2.170 for the period, compared to the consensus EPS estimate of 2.170. The company issued revenue guidance of -.

In the previous quarter, EastGroup Properties (NYSE:EGP) missed the analysts' consensus estimate of $2.10 by $0.97 with a reported earnings per share (EPS) of $1.13. Learn more on analysts' earnings estimate vs. EGP's actual earnings.

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

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

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

EastGroup Properties (NYSE:EGP) has a recorded annual revenue of $625.34 million.

EastGroup Properties (NYSE:EGP) has a recorded net income of $200.49 million. EGP has generated $4.84 earnings per share over the last four quarters.

EastGroup Properties (NYSE:EGP) has a trailing price-to-earnings ratio of 33.36 and a forward price-to-earnings ratio of 19.31. The price/earnings-to-growth ratio is 2.22.

EastGroup Properties's earnings are expected to grow from $8.36 per share to $8.98 per share in the next year, which is a 7.42% increase.

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This page (NYSE:EGP) was last updated on 12/21/2024 by MarketBeat.com Staff
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