Federal Realty Misses Q3 FFO Estimates, Raises '24 Guidance
Federal Realty Investment Trust(FRT) ZACKS·2024-11-01 01:20
Federal Realty Investment Trust’s (FRT) third-quarter 2024 funds from operations (FFO) per share of $1.71 narrowly missed the Zacks Consensus Estimate of $1.72. However, this marked a rise of 3.6% from the year-ago quarter’s tally of $1.65. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results reflect healthy leasing activity and significant occupancy gains at its properties. FRT has also tightened and increased its guidance for 2024 FFO per share.Quarterly revenues of $303.6 mill ...