EastGroup Posts 11% Revenue Gain in Q2

EastGroup Properties (NYSE: EGP), an industrial REIT focused on Sunbelt logistics, reported Q2 2025 GAAP revenue of $177.3 million, exceeding expectations, and non-GAAP earnings per share of $2.21. Despite revenue growth, occupancy declined slightly, indicating early caution in certain markets while maintaining pricing power on lease renewals.

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