EastGroup Properties, Inc. (EGP) Wednesday reported third-quarter net income of $55.2 million or $1.13, compared to $48.9 million or $1.07 per share last year.
Revenues for the quarter were $162.9 million, compared to $146.5 million last year.
For the three months, funds from operations attributable to common stockholders were $2.13 per share compared to $2.00 per share during the same period last year.
The company now estimates earnings per share for 2024 to be in the range of $4.64 to $4.68 and FFO per share of $8.33 to $8.37.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.