Eastgroup Properties Inc EGP.N, EGP is expected to show a rise in quarterly revenue when it reports results on April 23 for the period ending March 31 2025
The Ridgeland Mississippi-based company is expected to report a 10.3% increase in revenue to $170.05 million from $154.22 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 $1.11 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts had fallen by about 0.0% in the last three months.
Wall Street's median 12-month price target for Eastgroup Properties Inc is $189.50, above its last closing price of $159.90.
The company's guidance on February 6 2025 for the period ended March 31 was for Funds Flow from Operations between USD2.05 and USD2.13.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 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 |
Mar. 31 2023 | 1.81 | 1.81 | 1.84 | Beat | 1.4 |
This summary was machine generated April 21 at 20:13 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)
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