EastGroup Properties, Inc. (EGP) CEO Marshall Loeb on Q4 2019 Results - Earnings Call Transcript

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153.96K Followers

Q4: 2020-02-06 Earnings Summary

EPS of $1.28 beats by $0.72
 | Revenue of $86.55M (10.99% Y/Y) beats by $574.16K

EastGroup Properties, Inc. (NYSE:EGP) Q4 2019 Earnings Conference Call February 7, 2020 11:00 AM ET

Company Participants

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

Conference Call Participants

Jamie Feldman - Bank of America
Alexander Goldfarb - Piper Sandler
Manny Korchman - Citi
Bill Crow - Raymond James
John Guinee - Stifel
Jon Petersen - Jefferies
Eric Frankel - Green Street Advisors
Rich Anderson - SMBC
Craig Mailman - KeyBanc
Ki Bin Kim - SunTrust
Blaine Heck - Wells Fargo

Operator

Good morning everyone and welcome to the EastGroup Properties Fourth 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 this call may be recorded.

Now, it is my pleasure to turn today's conference over to Marshall Loeb, President and CEO.

Marshall Loeb

Good morning and thanks for calling in for our fourth quarter 2019 conference calls. 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 note that some statements during this call are forward-looking

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