---
schema_version: "secwatch.filing_event.v1"
accession: "0000049600-22-000094"
form_type: "8-K"
ticker: "EGP"
cik: "0000049600"
company_name: "EASTGROUP PROPERTIES INC"
filed_at: "2022-07-26T23:59:59+00:00"
generated_at: "2026-06-24T08:54:45.851050+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EastGroup Q2 FFO $1.72 (+17% YoY); same-property NOI up 9.5% cash basis

## Summary
- Net income $1.09 diluted EPS vs $0.69 YoY; gains on sales added $0.25.
- FFO per share $1.72 vs $1.47 YoY, up 17.0%.
- Same-property NOI (ex-terminations) rose 7.7% straight-line, 9.5% cash basis.
- Operating portfolio 99.1% leased and 98.5% occupied; rental rates up 37.2% on new/renewal leases.
- Issued $150M unsecured debt at 3.03% fixed rate, 10-year term; declared $1.10 quarterly dividend.

## SEC filing metadata
- accession: 0000049600-22-000094
- form_type: 8-K
- ticker: EGP
- cik: 0000049600
- company_name: EASTGROUP PROPERTIES INC
- filed_at: 2022-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49600/000004960022000094/0000049600-22-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49600/000004960022000094/egp-20220726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049600-22-000094
- JSON: https://secwatch.observer/filing/0000049600-22-000094.json
- Plain text: https://secwatch.observer/filing/0000049600-22-000094.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.