The third quarter financial results of EastGroup Properties (NYSE: EGP) will be unveiled on Wednesday 23rd October 2024. This eagerly awaited announcement is scheduled to occur after market close.
Wall Street financial experts forecast that the firm is set to announce an expected $1.13 profit per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $161.31 million for this particular period.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $639.83 million for the full year. Moreover, they anticipate the earnings per share to reach profit of $4.69 during the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $1.95. This figure was a result of the company's total revenue, which reached an impressive $146.53 million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.09 | +9.4% | 159.09 M | +13.7% |
| Q1 2024 | $1.98 | +7.6% | 154.22 M | +14.2% |
| Q4 2023 | $2.03 | +11.5% | 149.15 M | +14.9% |
| Q3 2023 | $1.95 | +10.2% | 146.53 M | +16.6% |
| Q2 2023 | $1.91 | +11.0% | 139.89 M | +18.0% |
| *Growth on year-over-year basis | ||||
EGP has scheduled a conference call on 24th October 2024 at 11:00 AM eastern time to discuss the third quarter financial results and other related information.
EastGroup Properties (EGP) closed Monday's regular trading session at $179.50, marking a 1.82 percent decrease. The stock fluctuated between $178.71 and $181.39 during the day, with a volume of 369.30 thousand shares.
