EastGroup Properties Announces Fourth Quarter 2024 Earnings Conference Call and Webcast

Rhea-AI Summary

EastGroup Properties (NYSE: EGP) has scheduled its Fourth Quarter 2024 Earnings Conference Call and Webcast for February 7, 2025, at 11:00 a.m. Eastern Time. CEO Marshall Loeb and CFO Brent Wood will discuss Q4 results and the 2025 earnings outlook. The company will release financial results after market close on February 6, 2025.

EastGroup is a self-administered equity real estate investment trust focused on industrial properties in major Sunbelt markets, particularly in Texas, Florida, California, Arizona and North Carolina. The company's portfolio includes approximately 63.1 million square feet of space, targeting business distribution facilities in the 20,000 to 100,000 square foot range. As a member of the S&P Mid-Cap 400 and Russell 2000 Indexes, EastGroup emphasizes development in supply-constrained submarkets near major transportation features.

Positive

• Portfolio includes substantial 63.1 million square feet of industrial space
• Strategic presence in high-growth Sunbelt markets
• Member of S&P Mid-Cap 400 and Russell 2000 Indexes

Negative

• None.

JACKSON, Miss., Jan. 7, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that it will hold its Fourth Quarter Earnings Conference Call and Webcast on Friday, February 7, 2025, at 11:00 a.m. Eastern Time.  On the call, Marshall Loeb, CEO, and Brent Wood, CFO, will discuss the Company's fourth quarter results, current operations, and earnings outlook for 2025. 

EastGroup plans to release financial results for the quarter after the market closes on February 6, 2025. The earnings release and supplemental information package will be posted on the Company's website, www.eastgroup.net, at that time.

A live broadcast of the conference call is available by dialing 1-800-836-8184 (conference ID EastGroup) or by webcast through a link on the Company's website at www.eastgroup.net. If you are unable to listen to the live conference call, a telephone and webcast replay will be available on Friday, February 7, 2025. The telephone replay will be available through Friday, February 14, 2025, and can be accessed by dialing 1-888-660-6345 (access code 93780#). The replay of the webcast can be accessed through a link on the Company's website at www.eastgroup.net and will be available through Friday, February 14, 2025.

EastGroup, a member of the S&P Mid-Cap 400 and Russell 2000 Indexes, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Texas, Florida, California, Arizona and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 20,000 to 100,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 63.1 million square feet.

EastGroup Properties, Inc. press releases are available at www.eastgroup.net.

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SOURCE EastGroup Properties

FAQ

When will EastGroup Properties (EGP) release its Q4 2024 earnings?

EastGroup Properties will release its Q4 2024 earnings after market close on February 6, 2025.

What is the current size of EastGroup Properties' (EGP) portfolio?

EastGroup Properties' portfolio currently includes approximately 63.1 million square feet, including development projects and value-add acquisitions in lease-up and under construction.

Which major markets does EastGroup Properties (EGP) operate in?

EastGroup Properties operates primarily in major Sunbelt markets throughout the United States, with emphasis in Texas, Florida, California, Arizona and North Carolina.

What is EastGroup Properties' (EGP) target property size range?

EastGroup Properties primarily targets business distribution space in the 20,000 to 100,000 square foot range.