Eastgroup Properties' (EGP) CEO Marshall Loeb on Q2 2019 Results - Earnings Call Transcript

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Q2: 2019-07-24 Earnings Summary

EPS of $0.73 beats by $0.18
 | Revenue of $82.10M (9.64% Y/Y) beats by $2.10M

Eastgroup Properties, Inc. (NYSE:EGP) Q2 2019 Results Conference Call July 25, 2019 11:00 AM ET

Company Participants

Marshall Loeb – President and Chief Executive Officer
Keena Frazier – Director-Leasing Statistics
Brent Wood – Chief Financial Officer

Conference Call Participants

John Guinee – Stifel
Alexander Pernokas – Bank of America
Alexander Goldfarb – Sandler O'Neill
Craig Mailman – KeyBanc Capital
Bill Crow – Raymond James
Emmanuel Korchman – Citi
Vikram Malhotra – Morgan Stanley
Jason Green – Evercore
Jon Petersen – Jefferies
Rich Anderson – SMBC Nikko
Brendan Finn – Wells Fargo

Operator

Good morning, and welcome to the EastGroup Properties’ Second Quarter 2019 Earnings Conference Call. At this time all participants are in a listen-only mode. Later you will have the opportunity to ask questions during the question-and-answer session. [Operator Instructions] Please note, today's call may be recorded and I will be standing by if you should need any assistance.

It is now my pleasure to introduce Mr. Marshall Loeb, President and CEO. Please go ahead.

Marshall Loeb

Thank you. Good morning, and thanks for calling in for our second quarter 2019 conference call. As always, we appreciate your interest. Brent Wood, our CFO, is also participating on the call. And since we'll make forward-looking statements, we ask that you listen to the following disclaimer.

Keena Frazier

Please note that our conference call today will contain financial measures such as PNOI and FFO that are non-GAAP measures as defined in Regulation G. Please refer to our most recent financial supplement and to our earnings press release, both available on the Investor page of our website, and to our periodic reports furnished or filed with the SEC for definitions and further information regarding our use of these non-GAAP financial measures and a reconciliation of them to our GAAP results.

Please also

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