EGP EastGroup Properties (EGP) Q2 FY26 earnings call
EastGroup Properties delivered a strong second quarter, marked by record leasing activity and an upward revision to its full-year FFO guidance, driven by robust same-property NOI and increased development starts. The company is capitalizing on strong demand, including a new tailwind from data center suppliers, while navigating challenges like development delays and regional market variations. Management remains confident in its infill portfolio and strategic land holdings to drive long-term value.
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EGP operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | This call Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Leased rate | 96.5%Quarter-end leasing was 96.5%, with occupancy at 95.9%.Source: earnings call transcript | 96.8%Quarter-end leasing was 96.8%, with occupancy at 95.6%.Source: earnings call transcript | +0.3 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.