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EastGroup Properties, Inc. (EGP) CEO Marshall Loeb on Q1 2020 Results - Earnings Call Transcript

May 01, 2020 7:15 PM ETEastGroup Properties, Inc. (EGP)
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EastGroup Properties, Inc. (NYSE:EGP) Q1 2020 Earnings Conference Call May 1, 2020 12:00 PM ET

Company Participants

Marshall Loeb - President and CEO

Brent Wood - CFO

Keena Frazier - Director, Leasing Statistics

Conference Call Participants

Jamie Feldman - Bank of America

Alexander Goldfarb - Piper Sandler

Manny Korchman - Citi

Bill Crow - Raymond James

Jason Green - Evercore

Craig Mailman - KeyBanc Capital

Eric Frankel - Green Street Advisors

Michael Carroll - RBC Capital Markets

Rich Anderson - SMBC

Blaine Heck - Wells Fargo


Good morning, and welcome to the EastGroup Properties' First Quarter 2020 Earnings Conference Call. Currently, all phone lines are in a listen-only mode. Later there will be an opportunity to ask questions during the question-and-answer session [Operator Instructions]. Please be advised today's program may be recorded. It is now my pleasure to turn the program over to Marshall Loeb, President and CEO.

Marshall Loeb

Good morning. And thanks for calling in for our first quarter 2020 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 Web site 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 statements as defined and within the safe harbor under

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