EastGroup Properties (EGP) Lags Q4 FFO and Revenue Estimates
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EastGroup Properties (EGP) reported Q4 funds from operations (FFO) of $2.15 per share, missing the Zacks Consensus Estimate of $2.16. This is an increase from $2.03 per share a year ago.
February 07, 2025 | 12:00 am
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NEGATIVE IMPACT
EastGroup Properties reported Q4 FFO of $2.15 per share, slightly below the Zacks Consensus Estimate of $2.16. Despite the miss, FFO increased from $2.03 a year ago.
The slight miss in FFO compared to estimates could lead to a short-term negative impact on EGP's stock price. However, the year-over-year increase in FFO might mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100