Compared to Estimates, EastGroup Properties (EGP) Q1 Earnings: A Look at Key Metrics

EastGroup Properties (EGP) reported $174.45 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 13.1%. EPS of $2.12 for the same period compares to $1.22 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $170.29 million, representing a surprise of +2.44%. The company delivered an EPS surprise of +0.47%, with the consensus EPS estimate being $2.11.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how EastGroup Properties performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Income from real estate operations: $172.64 million versus $169.52 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +12.1% change. Revenues- Other revenue: $1.81 million compared to the $0.30 million average estimate based on three analysts. The reported number represents a change of +1103.3% year over year. Net Earnings Per Share (Diluted): $1.14 versus $1.12 estimated by five analysts on average. View all Key Company Metrics for EastGroup Properties here>>>Shares of EastGroup Properties have returned -9.3% over the past month versus the Zacks S&P 500 composite's -6.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EastGroup Properties, Inc. (EGP): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks