EastGroup Properties (EGP) came out with quarterly funds from operations (FFO) of $1.55 per share, beating the Zacks Consensus Estimate of $1.48 per share. This compares to FFO of $1.36 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 4.73%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1.45 per share when it actually produced FFO of $1.47, delivering a surprise of 1.38%. Over the last four quarters, the company has surpassed consensus FFO estimates four times. EastGroup Properties, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $104.6 million for the quarter ended September 2021, surpassing the Zacks Consensus Estimate by 3.71%. This compares to year-ago revenues of $92.01 million. The company has topped consensus revenue estimates three times over the last four quarters.