---
schema_version: "secwatch.filing_event.v1"
accession: "0000049600-26-000040"
form_type: "8-K"
ticker: "EGP"
cik: "0000049600"
company_name: "EASTGROUP PROPERTIES INC"
filed_at: "2026-07-22T20:18:03+00:00"
generated_at: "2026-07-22T20:19:09.759866+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EastGroup Q2 2026: EPS $1.40, FFO $2.36, occupancy 96.8%, raises development guidance to $325M

## Summary
- Net income $1.40 diluted EPS vs $1.20 in Q2 2025; FFO (excl. gain) $2.36 vs $2.21, up 6.8%.
- Same property NOI (excl. lease terminations) increased 6.2% straight-line, 8.3% cash basis.
- Operating portfolio 96.8% leased, 95.6% occupied; rental rates on new/renewal leases up 34.1% straight-line.
- Raised ~$160M via continuous equity offering at weighted avg price $203.15.
- Post-quarter: acquired Phoenix property for ~$28M, under contract for Austin property for ~$83M; development starts guidance raised to $325M for 2026.

## SEC filing metadata
- accession: 0000049600-26-000040
- form_type: 8-K
- ticker: EGP
- cik: 0000049600
- company_name: EASTGROUP PROPERTIES INC
- filed_at: 2026-07-22T20:18:03+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/49600/000004960026000040/0000049600-26-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49600/000004960026000040/egp-20260722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049600-26-000040
- JSON: https://secwatch.observer/filing/0000049600-26-000040.json
- Plain text: https://secwatch.observer/filing/0000049600-26-000040.txt

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