EastGroup Properties Q4 FFO, Revenue Rise; Q1, 2025 Outlook Set

MT Newswires Live
07 Feb

EastGroup Properties (EGP) reported Q4 funds from operations late Thursday of $2.15 per diluted share, up from $2.03 per share a year earlier.

Analysts polled by FactSet expected $2.15.

Revenue in the three months ended Dec. 31 rose to $164 million from $149.1 million a year earlier.

Analysts surveyed by FactSet expected $166.3 million.

In Q1, the company expects FFO of $2.05 to $2.13 a share. The consensus is $2.14.

In 2025, EastGroup expects FFO of $8.80 to $9 per share. Analysts expect $8.96.

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