Q2 FY2026 EarningsQ2 FY26 beat consensus on both top and bottom lines: revenue $193.3M vs. $193.8M expected (slight miss), but EPS GAAP of $1.40 significantly exceeded the $1.29 consensus. Key performance was driven by a 34.1% increase in rental rates and 8.3% Cash Same PNOI growth. Management raised FY26 FFO guidance to $9.52-$9.66 and increased development investment targets to $325M, signaling robust demand for last-mile industrial logistics.
Preview: Eastgroup Property(EGP) predict that the Revenue is 193.33 M (+9.05%), Miss estimate;the EBIT is 78.8 M (+11.86%), Beat estimate;the EPS is 1.4 (+16.67%), Beat estimate.