Eastgroup Properties, Inc. (EGP) CEO Marshall Loeb on Q3 2020 Results - Earnings Call Transcript

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Q3: 2020-10-27 Earnings Summary

EPS of $0.62 misses by $0.12
 | Revenue of $92.01M (9.62% Y/Y) beats by $2.27M

Eastgroup Properties, Inc. (NYSE:EGP) Q3 2020 Earnings Conference Call October 28, 2020 11:00 AM ET

Company Participants

Marshall Loeb - President, CEO & Director
Keena Frazier - Director Leasing Statistics
Brent Wood - EVP, CFO & Treasurer

Conference Call Participants

Elvis Rodriguez - Bank of America Merrill Lynch
Daniel Santos - Piper Sandler & Co.
Chris McCurry - Citi
Eric Frankel - Green Street Advisors
Craig Mailman - KeyBanc Capital Markets
William Crow - Raymond James & Associates
Michael Carroll - RBC Capital Markets
Ki Bin Kim - Truist Securities

Operator

Good morning, and welcome to the EastGroup Properties Third Quarter 2020 Earnings Call. [Operator Instructions].

Now it is my pleasure to introduce Marshall Loeb, President and CEO.

Marshall Loeb

Good morning, and thanks for calling in for our third 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 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 statements as defined in and within the safe harbors 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

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