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EGP

Eastgroup Properties Inc

$165.86

Earnings Summary

Revenue
$155Mn
Net Profits
$58.64Mn
Net Profit Margins
37.84%
PE Ratio
35.99

Highlights

Revenue:

Eastgroup Properties Inc’s revenue jumped 14.79% since last year same period to $155Mn in the Q1 2024. On a quarterly growth basis, Eastgroup Properties Inc has generated 3.92% jump in its revenue since last 3-months.

Net Profits:

Eastgroup Properties Inc’s net profit jumped 31.22% since last year same period to $58.64Mn in the Q1 2024. On a quarterly growth basis, Eastgroup Properties Inc has generated -7.58% fall in its net profits since last 3-months.

Net Profit Margins:

Eastgroup Properties Inc’s net profit margin jumped 14.31% since last year same period to 37.84% in the Q1 2024. On a quarterly growth basis, Eastgroup Properties Inc has generated -11.07% fall in its net profit margins since last 3-months.

PE Ratio:

Eastgroup Properties Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 35.99.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Eastgroup Properties Inc post its latest quarter earnings

EPS Estimate Current Quarter
1.09
EPS Estimate Current Year
1.09

Highlights

EPS Estimate Current Quarter:

Eastgroup Properties Inc’s earning per share (EPS) estimates for the current quarter stand at 1.09 - a 3.81% jump from last quarter’s estimates.

EPS Estimate Current Year:

Eastgroup Properties Inc’s earning per share (EPS) estimates for the current year stand at 1.09.

Key Ratios

Key ratios of the Eastgroup Properties Inc post its Q1 2024 earnings

Earning Per Share (EPS)
1.22
Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.09
Dividend Per Share (DPS)
1.27

Highlights

Earning Per Share (EPS):

Eastgroup Properties Inc’s earning per share (EPS) jumped 19.61% since last year same period to 1.22 in the Q1 2024. This indicates that the Eastgroup Properties Inc has generated 19.61% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Eastgroup Properties Inc’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Eastgroup Properties Inc’s return on equity (ROE) stands at 0.09.

Dividend Per Share (DPS):

Eastgroup Properties Inc declared 1.27 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-24
1.05
1.22
16.19%