---
schema_version: "secwatch.filing_event.v1"
accession: "0000049600-26-000028"
form_type: "8-K"
ticker: "EGP"
cik: "0000049600"
company_name: "EASTGROUP PROPERTIES INC"
filed_at: "2026-04-22T23:59:59+00:00"
generated_at: "2026-05-15T04:57:39.674369+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EastGroup Q1 2026 FFO ex-items $2.30/share, up 8.5% YoY; same-property NOI +9.2% cash

## Summary
- Net income of $1.77/diluted share vs $1.14 in Q1 2025; includes $0.46 gain on real estate sales ($25M).
- FFO (ex-items) $2.30/diluted share vs $2.12, up 8.5%; same-property NOI increased 7.5% straight-line and 9.2% cash basis.
- Operating portfolio 96.5% leased, 95.9% occupied; rental rates on new/renewal leases up 36.8% on straight-line.
- Raised ~$120M via continuous equity program at $194.25/share; acquired Jacksonville property for $38M, sold Fresno property for $37M.
- Started construction of four development projects totaling 586k sq ft ($84M total cost); transferred 562k sq ft to operating portfolio.

## SEC filing metadata
- accession: 0000049600-26-000028
- form_type: 8-K
- ticker: EGP
- cik: 0000049600
- company_name: EASTGROUP PROPERTIES INC
- filed_at: 2026-04-22T23:59:59+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/49600/000004960026000028/0000049600-26-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49600/000004960026000028/egp-20260422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049600-26-000028
- JSON: https://secwatch.observer/filing/0000049600-26-000028.json
- Plain text: https://secwatch.observer/filing/0000049600-26-000028.txt

## Key facts
- Earnings Releases
  EASTGROUP PROPERTIES INC reported financial results for the quarter ended March 31, 2026.
  - Period: the quarter ended March 31, 2026
  - Result: reported results
  source text: On April 22, 2026 , EastGroup Properties, Inc. (the "Company") furnished the following documents: (i) a press release relating to its results of operations for the quarter ended March 31, 2026 and related matters; and (ii) quarterly supplemental financial information for the fiscal quarter ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/49600/000004960026000028/0000049600-26-000028-index.htm

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