EastGroup Properties (EGP) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

EastGroup Properties (EGP) reported $164.04 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 10%. EPS of $2.15 for the same period compares to $1.35 a year ago.The reported revenue represents a surprise of -1.49% over the Zacks Consensus Estimate of $166.53 million. With the consensus EPS estimate being $2.16, the EPS surprise was -0.46%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.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: $163.77 million compared to the $165.61 million average estimate based on six analysts. The reported number represents a change of +9.9% year over year. Revenues- Other revenue: $0.28 million versus $0.08 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +125.2% change. Net Earnings Per Share (Diluted): $1.16 compared to the $1.16 average estimate based on six analysts. View all Key Company Metrics for EastGroup Properties here>>>Shares of EastGroup Properties have returned +8.4% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with 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 +24.3% 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 ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks