EastGroup Props Q1 FFO $2.15 Beats $2.10 Estimate, Sales $174.45M Beat $170.05M Estimate

EastGroup Props (NYSE:EGP) reported quarterly earnings of $2.15 per share which beat the analyst consensus estimate of $2.10 by 2.38 percent. This is a 8.59 percent increase over earnings of $1.98 per share from the same period last year. The company reported quarterly sales of $174.45 million which beat the analyst consensus estimate of $170.05 million by 2.59 percent. This is a 13.11 percent increase over sales of $154.22 million the same period last year.