EastGroup Historical Income Statement

About EastGroup Income Statement Analysis

Balance Sheet Statement Details

Cash Flow Statement Details

Financial Indicators Details

Valuation Indicators Details

EastGroup Properties Income Statement Chart

At this time, EastGroup Properties' Total Operating Expenses is relatively stable compared to the past year. As of 11/21/2024, Net Income is likely to grow to about 210.5 M, while Cost Of Revenue is likely to drop slightly above 82.6 M.

Total Revenue

Total revenue comprises all receipts EastGroup Properties generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of EastGroup Properties minus its cost of goods sold. It is profit before EastGroup Properties operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of EastGroup Properties. It is also known as EastGroup Properties overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from EastGroup Properties operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of EastGroup Properties is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of EastGroup Properties whose combined shares represent less than 50% of the total outstanding shares issued by EastGroup Properties have a minority interest in EastGroup Properties.

EastGroup Properties income statement Correlations

EastGroup Properties Account Relationship Matchups

EastGroup Properties income statement Accounts

Pair Trading with EastGroup Properties

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EastGroup Properties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EastGroup Properties will appreciate offsetting losses from the drop in the long position's value.

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