EastGroup Properties (EGP) reported Q2 funds from operations Wednesday of $2.36 per diluted share, up from $2.21 a year earlier.
Analysts polled by FactSet expected $2.36.
Revenue for the quarter ended June 30 was $193.3 million, up from $177.3 million a year earlier.
Analysts expected $193.6 million.
The company said it expects Q3 funds from operations of $2.37 to $2.45 per share. Analysts expect $2.42.
EastGroup expects full-year 2026 funds from operations of $9.52 to $9.66 per share, narrowing from $9.46 to $9.66 earlier. Analysts predict $9.59.
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