Federal Realty Investment Trust reports results for the quarter ended December 31 - Earnings Summary

Federal Realty Investment Trust

14/02/2025 24:31

* 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