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EastGroup Properties Inc. Bottom Line Climbs In Q3

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

EastGroup Properties Inc. (EGP) revealed a profit for its third quarter that Increased, from the same period last year

The company's earnings came in at $66.94 million, or $1.26 per share. This compares with $55.18 million, or $1.13 per share, last year.

The company's revenue for the period rose 11.8% to $182.13 million from $162.87 million last year.

EastGroup Properties Inc. earnings at a glance (GAAP) :

-Earnings: $66.94 Mln. vs. $55.18 Mln. last year.
-EPS: $1.26 vs. $1.13 last year.
-Revenue: $182.13 Mln vs. $162.87 Mln last year.

-Guidance:
Next quarter EPS guidance: $1.25 - $1.29
Next quarter revenue guidance: $66,611 - $68,723

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