Q2 FY2026 EarningsQ2 FY26 beat consensus on both top and bottom lines: revenue $193.3M vs. $193.8M expected (slight miss), but EPS GAAP of $1.40 significantly exceeded the $1.29 consensus. Key performance was driven by a 34.1% increase in rental rates and 8.3% Cash Same PNOI growth. Management raised FY26 FFO guidance to $9.52-$9.66 and increased development investment targets to $325M, signaling robust demand for last-mile industrial logistics.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Eastgroup Property(EGP) the Revenue is 193.33 M (+9.05%), Miss estimate;the EBIT is 78.8 M (+11.86%), Beat estimate;the EPS is 1.4 (+16.67%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.19B9.05%
0.19B9.32%
-0.00B0.27%
EBITExceed expectations
0.08B11.86%
0.08B10.86%
+0.00B1.00%
EPSExceed expectations
1.416.67%
1.29387.82%
+0.10628.85%
Upcoming earnings report - Q3 FY2026
Available dateOct 22, 2026
Estimate Revenue$197.59 M
Estimate EBIT$82.02 M
Estimate EPS$1.3303
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