Eastgroup Properties Inc reports results for the quarter ended June 30 - Earnings Summary

EastGroup Properties

22/07/2026 22:01

Eastgroup Properties Inc EGP.N reported quarterly adjusted earnings of $1.40​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.20.  The mean expectation of eight analysts for the quarter was for earnings of $1.31 per share. Wall Street expected results to range from $1.28  to $1.35 per share.
Revenue rose 9.1% to $193.33 million from a year ago; analysts expected $193.58 million. 
Eastgroup Properties Inc's reported EPS for the quarter was $1.40​.
The company reported quarterly net income of $75.52 million.
Eastgroup Properties Inc shares had risen by 9.3% this quarter and gained 24.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.3% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is also "buy" 
Wall Street's median 12-month price target for Eastgroup Properties Inc is $221.00, about 0.2% below its last closing price of $221.34
This summary was machine generated from LSEG data July 22 at 09:01 p.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
2.37
2.36
Missed
Mar. 31 2026 
2.28
2.34
Beat
Dec. 31 2025 
2.33
2.34
Beat
Sep. 30 2025 
2.26
2.27
Beat