Earnings Outlook For EastGroup Props
Portfolio Pulse from Benzinga Insights
EastGroup Props (NYSE:EGP) is set to release its quarterly earnings on October 23, 2024, with analysts expecting an EPS of $2.10. The company's past performance shows mixed results, with a recent EPS beat leading to a share price drop. Analysts have a Neutral consensus rating for EGP, with a 10.26% potential upside based on the average price target. The company shows strong revenue growth and profitability metrics compared to peers.
October 22, 2024 | 4:03 pm
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EastGroup Props is expected to report an EPS of $2.10. The company has a Neutral analyst rating with a potential 10.26% upside. Past earnings showed mixed results, with a recent EPS beat leading to a share price drop. The company demonstrates strong revenue growth and profitability.
The upcoming earnings report is crucial for EGP as it could influence short-term stock price movements. Despite a Neutral rating, the potential upside and strong financial metrics suggest stability. However, past performance indicates that even an EPS beat can lead to a price drop, making the short-term impact uncertain.
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