EastGroup Properties, Inc. (NYSE:EGP) Q2 2022 Earnings Conference Call July 27, 2022 11:00 AM ET

Company Participants

Marshall Loeb - President and CEO

Keena Frazier - Director, Leasing Statistics

Brent Wood - Chief Financial Officer

Conference Call Participants

Connor Mitchell - Piper Sandler

Jeff Spector - Bank of America

Connor Siversky - Berenberg

Michael Carroll - RBC Capital Markets

Craig Mailman - Citi

Todd Thomas - KeyBanc Capital Markets

Nick Yulico - Baird

Ronald Kamdem - Morgan Stanley

Vince Tibone - Green Street Advisors

Amit Nihalani - Mizuho

Jon Petersen - Jefferies

Operator

Good day. And welcome to the EastGroup Properties Second Quarter 2022 Earnings Conference Call and Webcast. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions]

Please note this event is being recorded. I would now like to turn the conference over to Marshall Loeb, President and CEO. Please go ahead.

Marshall Loeb

Good morning. And thanks for calling in for our second quarter 2022 conference call. As always, we appreciate your interest. Brent Wood, our CFO, is also on the call this morning. Since we will make forward-looking statements, we ask that you listen to the following disclaimer.

Keena Frazier

Please note, that our conference call today, will contain financial measures such as PNOI and FFO that are non-GAAP measures as defined in Regulation G. Please refer to our most recent financial supplement and to our earnings press release, both available on the Investor page of our website, and to our periodic reports furnished or filed with the SEC for definitions and further information regarding our use of these non-GAAP financial measures and a reconciliation of them to our GAAP results.

Please also note that some statements during this call are forward-looking statements, as defined in and within the safe harbors, under the Securities Act of 1933, the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995.

Forward-looking statements in the earnings press release, along with our remarks, are made as of today and reflect our current views about the company’s plans, intentions, expectations, strategies and prospects based on the information currently available to the company and on assumptions it has made.

We undertake no duty to update such statements or remarks whether as a result of new information, future or actual events or otherwise. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Please see our SEC filings including in our most recent annual report on Form 10-K for more details about these risks.