EastGroup Properties, Inc. (EGP) CEO Marshall Loeb on Q2 2020 Results - Earnings Call Transcript

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Q2: 2020-07-28 Earnings Summary

EPS of $0.60 beats by $0.05
 | Revenue of $89.72M (9.27% Y/Y) beats by $988.14K

EastGroup Properties, Inc. (NYSE:EGP) Q2 2020 Earnings Conference Call July 29, 2020 11:00 AM ET

Company Participants

Marshall Loeb - President and CEO
Brent Wood - CFO
Keena Frazier - Director, Leasing Statistics

Conference Call Participants

Elvis Rodriguez - Bank of America
Daniel Santos - Piper Sandler
Katy McConnell - Citigroup, Inc.
Michael Carroll - RBC Capital Markets
Bill Crow - Raymond James
Eric Frankel - Green Street Advisors
Craig Mailman - KeyBanc Capital
Venkat Kommineni - Mizuho Securities

Marshall Loeb

Good morning, and thanks for calling in for our Second 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 the Securities Act of 1933, the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Forward-looking statements in the earnings press release along with our remarks are made as of today, and we undertake no duty to update them whether as a result of new information, future or actual events or otherwise. Such statements involve known and unknown risks, uncertainties and other factors, including those directly and indirectly related to the outbreak

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