Federal Realty Investment Trust (FRT) Q2 FFO and Revenues Beat Estimates
FRTFederal Realty Investment Trust(FRT) ZACKS·2024-08-02 06:15

Federal Realty Investment Trust (FRT) came out with quarterly funds from operations (FFO) of 1.69pershare,beatingtheZacksConsensusEstimateof1.69 per share, beating the Zacks Consensus Estimate of 1.68 per share. This compares to FFO of 1.67pershareayearago.Thesefiguresareadjustedfornon−recurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof0.601.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 0.60%. A quarter ago, it was expected that this real estate investment trust would post FFO of 1.65 per share when it actually produced FFO of $1.64, delivering a surprise of -0.61%.Over th ...