1. EastGroup will hold its Q1 2025 Earnings Call on April 24. 2. Financial results will be released after market close on April 23. 3. CEO and CFO will discuss earnings outlook for 2025 in the call. 4. EastGroup focuses on industrial properties in high-growth U.S. markets. 5. The company manages a portfolio of approximately 63.1 million square feet.
The upcoming earnings announcement may lead to positive investor sentiment; historically, a strong earnings report can boost stock prices significantly. For example, companies that exceed projections typically see a spike in share value, especially in growth-focused sectors such as industrial real estate.
With EastGroup's solid focus on industrial properties and expected performance visibility, there's a high likelihood of impacting investor decisions and share price. Investors typically pay close attention to earnings reports, especially from companies within high-demand markets.
The scheduled earnings call is expected to generate immediate reactions from investors based on the reported results and guidance. Earnings reports often lead to short-term volatility in stock prices, impacting the next few trading sessions.
/PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that it will hold its First Quarter 2025 Earnings Conference Call and Webcast on Thursday, April 24, 2025, at 11:00 a.m. Eastern Time. On the call, Marshall Loeb, CEO, and Brent Wood, CFO, will discuss the Company's first quarter results, current operations, and earnings outlook for 2025.
EastGroup plans to release financial results for the quarter after the market closes on April 23, 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 Thursday, April 24, 2025. The telephone replay will be available through Thursday, May 1, 2025, and can be accessed by dialing 1-888-660-6345 (access code 03256#). 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 Thursday, May 1, 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 high-growth 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.
Contact: info@eastgroup.net
SOURCE EastGroup Properties