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EGP| Name | Value |
|---|---|
| Revenues | 135.0M |
| Cost of Revenue | 36.2M |
| Gross Profit | 98.8M |
| Operating Expense | 46.4M |
| Operating I/L | 52.9M |
| Other Income/Expense | -8.2M |
| Interest Income | 13.0M |
| Pretax | 44.7M |
| Income Tax Expense | -4.8M |
| Net Income/Loss | 44.7M |
EastGroup Properties, Inc. is a real estate investment trust specializing in industrial properties in key Sunbelt markets across the United States. The company focuses on developing, acquiring, and operating functional and flexible business distribution spaces, catering to location-sensitive customers in the 15,000 to 70,000 square foot range. Their strategy revolves around owning premier distribution facilities near major transportation hubs in supply-constrained submarkets. With a portfolio of approximately 45.8 million square feet, including development projects and value-add acquisitions, EastGroup Properties aims to maximize shareholder value by providing quality distribution spaces to its customers.
