Federal Realty Investment Trust FRT.N reported quarterly adjusted earnings of 75 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 76 cents. The mean expectation of eight analysts for the quarter was for earnings of 73 cents per share. Wall Street expected results to range from 68 cents to 75 cents per share.
Revenue rose 6.8% to $311.44 million from a year ago; analysts expected $311.26 million.
Federal Realty Investment Trust's reported EPS for the quarter was 75 cents.
The company reported quarterly net income of $63.53 million.
Federal Realty Investment Trust shares had fallen by 1.3% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.6% in the last three months.
In the last 30 days, five analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the commercial reits peer group is also "buy"
Wall Street's median 12-month price target for Federal Realty Investment Trust is $125.00
This summary was machine generated from LSEG data February 14 at 12:30 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Dec. 31 2024 | 1.73 | 1.73 | Met |
Sep. 30 2024 | 1.72 | 1.71 | Missed |
Jun. 30 2024 | 1.68 | 1.69 | Beat |
Mar. 31 2024 | 1.64 | 1.64 | Met |
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