Eastgroup Properties Inc expected to post earnings of $1.17 a share - Earnings Preview

EastGroup Properties

21/07/2025 21:03

Eastgroup Properties Inc EGP.N, EGP is expected to  show a rise in quarterly revenue when it reports  results on July 23 for the period ending June 30 2025

The Ridgeland Mississippi-based  company is expected to report a 10.3% increase in revenue to $175.504 million from $159.09 million a year ago, according to the mean estimate from 13 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Eastgroup Properties Inc is for earnings of $1.17 per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Eastgroup Properties Inc is $182.50, about 9.5% above its last closing price of $165.20

The company's guidance on April 23 2025 for the period ended June 30 was for Funds Flow from Operations between USD2.13 and USD2.21.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Mar. 31 2025
2.10
2.10
2.15
Beat
2.1
Dec. 31 2025
2.15
2.15
2.15
Met
-0.1
Sep. 30 2024
2.10
2.10
2.13
Beat
1.4​
Jun. 30 2024
2.05
2.05
2.09
Beat
1.9
​​Mar. 31 2024
2.00
2.01
1.98
Missed
-1.3
Dec. 31 2023
2.01
2.01
2.03
Beat
1.2​
Sep. 30 2023
1.94
1.93
2.00
Beat
3.6
Jun. 30 2023
1.88
1.88
1.91
Beat
1.8

This summary was machine generated July 21 at 20:03 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)