EastGroup Properties Past Earnings Performance
Past criteria checks 5/6
EastGroup Properties has been growing earnings at an average annual rate of 16.9%, while the Industrial REITs industry saw earnings growing at 11.4% annually. Revenues have been growing at an average rate of 13.5% per year. EastGroup Properties's return on equity is 8.1%, and it has net margins of 36.4%.
Key information
16.9%
Earnings growth rate
12.6%
EPS growth rate
| Industrial REITs Industry Growth | 11.2% |
| Revenue growth rate | 13.5% |
| Return on equity | 8.1% |
| Net Margin | 36.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How EastGroup Properties makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 590 | 214 | 19 | 0 |
| 31 Dec 23 | 571 | 200 | 17 | 0 |
| 30 Sep 23 | 551 | 176 | 17 | 0 |
| 30 Jun 23 | 530 | 165 | 18 | 0 |
| 31 Mar 23 | 509 | 167 | 18 | 0 |
| 31 Dec 22 | 487 | 186 | 17 | 0 |
| 30 Sep 22 | 465 | 219 | 17 | 0 |
| 30 Jun 22 | 443 | 212 | 16 | 0 |
| 31 Mar 22 | 425 | 194 | 17 | 0 |
| 31 Dec 21 | 409 | 158 | 16 | 0 |
| 30 Sep 21 | 395 | 123 | 16 | 0 |
| 30 Jun 21 | 382 | 116 | 16 | 0 |
| 31 Mar 21 | 372 | 112 | 16 | 0 |
| 31 Dec 20 | 363 | 108 | 15 | 0 |
| 30 Sep 20 | 356 | 121 | 17 | 0 |
| 30 Jun 20 | 348 | 119 | 16 | 0 |
| 31 Mar 20 | 341 | 122 | 16 | 0 |
| 31 Dec 19 | 331 | 122 | 17 | 0 |
| 30 Sep 19 | 323 | 91 | 15 | 0 |
| 30 Jun 19 | 314 | 91 | 15 | 0 |
| 31 Mar 19 | 306 | 82 | 14 | 0 |
| 31 Dec 18 | 299 | 89 | 14 | 0 |
| 30 Sep 18 | 293 | 88 | 14 | 0 |
| 30 Jun 18 | 286 | 80 | 14 | 0 |
| 31 Mar 18 | 280 | 99 | 13 | 0 |
| 31 Dec 17 | 274 | 83 | 15 | 0 |
| 30 Sep 17 | 269 | 81 | 14 | 0 |
| 30 Jun 17 | 264 | 80 | 13 | 0 |
| 31 Mar 17 | 258 | 87 | 13 | 0 |
| 31 Dec 16 | 253 | 96 | 13 | 0 |
| 30 Sep 16 | 248 | 92 | 14 | 0 |
| 30 Jun 16 | 243 | 89 | 15 | 0 |
| 31 Mar 16 | 239 | 60 | 16 | 0 |
| 31 Dec 15 | 235 | 48 | 15 | 0 |
| 30 Sep 15 | 231 | 49 | 14 | 0 |
| 30 Jun 15 | 229 | 55 | 15 | 0 |
| 31 Mar 15 | 225 | 49 | 14 | 0 |
| 31 Dec 14 | 220 | 48 | 13 | 0 |
| 30 Sep 14 | 216 | 44 | 13 | 0 |
| 30 Jun 14 | 212 | 34 | 12 | 0 |
| 31 Mar 14 | 207 | 33 | 12 | 0 |
| 31 Dec 13 | 202 | 32 | 12 | 0 |
| 30 Sep 13 | 195 | 31 | 11 | 0 |
| 30 Jun 13 | 191 | 29 | 11 | 0 |
Quality Earnings: EGO has high quality earnings.
Growing Profit Margin: EGO's current net profit margins (36.4%) are higher than last year (32.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: EGO's earnings have grown by 16.9% per year over the past 5 years.
Accelerating Growth: EGO's earnings growth over the past year (28.2%) exceeds its 5-year average (16.9% per year).
Earnings vs Industry: EGO earnings growth over the past year (28.2%) exceeded the Industrial REITs industry 6.7%.
Return on Equity
High ROE: EGO's Return on Equity (8.1%) is considered low.