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EastGroup Properties (NYSE:EGP – Get Free Report) issued an update on its FY 2024 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 8.170-8.370 for the period, compared to the consensus estimate of 8.330. The company issued revenue guidance of -. EastGroup Properties also updated its FY24 guidance to $8.17-$8.37 […]
EastGroup Properties (NYSE:EGP – Get Free Report) issued an update on its FY 2024 earnings guidance on Tuesday morning. The company provided EPS guidance of 8.170-8.370 for the period, compared to the consensus EPS estimate of 8.330. The company issued revenue guidance of -. EastGroup Properties also updated its FY24 guidance to $8.17-$8.37 EPS. EastGroup […]
EastGroup Properties (NYSE:EGP – Get Free Report) issued an update on its FY24 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $8.17-$8.37 for the period, compared to the consensus estimate of $8.32. EastGroup Properties Price Performance EGP stock traded up $2.41 during mid-day trading on Tuesday, hitting $165.75. The […]
Equities research analysts at JPMorgan Chase & Co. started coverage on shares of EastGroup Properties (NYSE:EGP – Get Free Report) in a research report issued on Thursday, Marketbeat reports. The firm set a “neutral” rating and a $190.00 price target on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price target suggests a […]
Industrial real estate investment trusts (REITs) own and manage income-generating industrial properties, such as warehouses, distribution centers, logistics facilities, and manufacturing plants, and generate income by leasing the properties. Investors in industrial REITs can benefit from the demand for space in the logistics and manufacturing sectors. The growth of e-commerce and the need for efficient supply chain management have contributed to the growth of the space in recent years. Similar t