Federal Realty Investment Trust reports results for the quarter ended in June - Earnings Summary

Federal Realty Investment Trust

03/08/2023 15:22

* Federal Realty Investment Trust  FRT.N  reported quarterly
adjusted earnings of 72 cents​​ per share for the quarter ended
in June. The mean expectation of seven analysts for the quarter
was for earnings of 66 cents per share.
    * Revenue rose 6.4% to $280.68 million from a year ago;
analysts
expected $276.84 million. 
    * Federal Realty Investment Trust's reported EPS for the
quarter
was 72 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Federal Realty Investment Trust shares had risen by 4.1%
this
quarter and lost 0.3% so far this year.
    * The company reported quarterly net income of $58.49
million.
    * Wall Street's median 12-month price target for Federal
Realty
Investment Trust is $110.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 02:21 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.61           1.67           Beat
 Mar. 31 2023      1.57           1.59           Beat
 Dec. 31 2022      1.57           1.58           Beat
 Sep. 30 2022      1.53           1.59           Beat