{"schema_version":"secwatch.filing_event.v1","accession":"0000049600-23-000060","form_type":"8-K","ticker":"EGP","cik":"0000049600","company_name":"EASTGROUP PROPERTIES INC","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.876549+00:00","generated_at":"2026-06-16T17:16:25.439418+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"EastGroup Q1 FFO per share rises 9.5% to $1.84; occupancy 98.7%","bullets":["Net income per diluted share $1.02 vs $1.54 YoY, lowered by smaller gains on sales.","Same property NOI (ex lease terminations) up 7.6% straight-line, 11.0% cash basis.","Operating portfolio 98.7% leased; rental rate spreads on new/renewals +48.5% straight-line.","Started 4 development projects (1,033,000 sq ft, ~$141M total cost); sold one property for $10M.","Closed $100M senior unsecured term loan (7-year, 5.27% fixed); credit facility capacity expanded to $675M."],"urls":{"canonical":"https://secwatch.observer/filing/0000049600-23-000060","json":"https://secwatch.observer/filing/0000049600-23-000060.json","markdown":"https://secwatch.observer/filing/0000049600-23-000060.md","text":"https://secwatch.observer/filing/0000049600-23-000060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/49600/000004960023000060/0000049600-23-000060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/49600/000004960023000060/egp-20230425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T17:16:25.439418+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fdde2583c219657526e8045c14b4d211c048aa05","claim":"EASTGROUP PROPERTIES INC reported the three months ended March 31, 2023 results: EPS $1.02 per diluted share.","evidence_excerpt":"On a diluted per share basis, earnings per common share (“EPS”) were $1.02 for the three months ended March 31, 2023, compared to $1.54 for the same period of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/49600/000004960023000060/0000049600-23-000060-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2023"},{"label":"EPS","value":"$1.02 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}