---
schema_version: "secwatch.filing_event.v1"
accession: "0000049600-25-000099"
form_type: "8-K"
ticker: "EGP"
cik: "0000049600"
company_name: "EASTGROUP PROPERTIES INC"
filed_at: "2025-07-23T23:59:59+00:00"
generated_at: "2026-05-18T03:47:48.531803+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# EastGroup Q2 FFO $2.21/diluted share (+7.8% YoY); same-property NOI up 6.6%

## Summary
- Net income $1.20/diluted share vs $1.14 YoY; FFO ex-items $2.21 vs $2.05 (+7.8%).
- Same Property NOI (straight-line) +6.6% YoY; cash basis +6.4%.
- Operating portfolio 97.1% leased, 96.0% occupied; rental rate increases avg 44.4% on new/renewal leases.
- Started construction on 469k sq ft in Nashville and Atlanta (~$70M total cost); transferred 785k sq ft to operating portfolio.
- Post-quarter: acquired two Raleigh properties (318k sq ft) for ~$61M.

## SEC filing metadata
- accession: 0000049600-25-000099
- form_type: 8-K
- ticker: EGP
- cik: 0000049600
- company_name: EASTGROUP PROPERTIES INC
- filed_at: 2025-07-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49600/000004960025000099/0000049600-25-000099-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49600/000004960025000099/egp-20250723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049600-25-000099
- JSON: https://secwatch.observer/filing/0000049600-25-000099.json
- Plain text: https://secwatch.observer/filing/0000049600-25-000099.txt

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