EastGroup Raises 2026 FFO Outlook to $9.62-$9.68 Per Share

EastGroup Properties, Inc. raised its 2026 funds from operations (FFO) outlook after FFO increased 7.9% year over year in the third quarter, with revenue also rising from a year earlier. FFO, a non-GAAP measure, was $2.45 per diluted share for the quarter ended Sept. 30, compared with $2.27 a year earlier. Net income attributable to common stockholders rose to $1.46 per diluted share from $1.26. Revenue totaled $199.437 million, up from $182.136 million in the year-ago quarter. The latest total included $199.400 million in income from real estate operations and $37,000 in other revenue.

Source: TokenPost