Federal Realty Investment Trust expected to post earnings of 73 cents a share - Earnings Preview

Federal Realty Investment Trust

29/10/2024 03:01

* Federal Realty Investment Trust  FRT.N   FRT  is expected
to show a rise in quarterly revenue when it reports  results on
October 30 for the period ending September 30 2024
    * The North Bethesda Maryland-based  company is expected to
report
a 4.9% increase in revenue to $300.624 million from $286.6
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data. (SAL represents Rental/ Property
Revenue basis)
    * ​LSEG's mean analyst estimate for Federal Realty
Investment
Trust is for earnings of 73 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Federal
Realty
Investment Trust is 121.00​, above​ its last closing price
of $113.24. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  1.68        1.68       1.69      Beat    0.7
 Mar. 31 2024  1.64        1.64       1.64      Met     -0.2
 Dec. 31 2023  1.65        1.64       1.64      Met     -0.3​
 Sep. 30 2023  1.62        1.62       1.65      Beat    1.7
 ​​Jun.        1.61        1.61       1.67      Beat    3.5
 30 2023                                                
 Mar. 31 2023  1.57        1.57       1.59      Beat    1.3​
 Jan. 1 0001   1.57        1.57       1.58      Beat    0.6
 Sep. 30 2022  1.54        1.53       1.59      Beat    3.9
 This summary was machine generated October 29 at 03:01 GMT.  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)