Earnings Outlook For EastGroup Props

EastGroup Props EGP is set to give its latest quarterly earnings report on Tuesday, 2023-04-25. Here's what investors need to know before the announcement.

Analysts estimate that EastGroup Props will report an earnings per share (EPS) of $0.86.

EastGroup Props bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at EastGroup Props's past performance and the resulting price change:

Stock Performance

Shares of EastGroup Props were trading at $168.65 as of April 21. Over the last 52-week period, shares are down 18.45%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

To track all earnings releases for EastGroup Props visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.