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

Federal Realty Investment Trust

05/05/2023 05:40

* Federal Realty Investment Trust  FRT.N  reported quarterly
adjusted earnings of 65 cents​​ per share for the quarter ended
in March. The mean expectation of eight analysts for the quarter
was for earnings of 60 cents per share.
    * Revenue rose 6.4% to $272.80 million from a year ago;
analysts
expected $275.23 million. 
    * Federal Realty Investment Trust's reported EPS for the
quarter
was 65 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Federal Realty Investment Trust shares had fallen by 2.7%
this
quarter and lost 4.8% so far this year.
    * The company reported quarterly net income of $53.33
million.
    * Wall Street's median 12-month price target for Federal
Realty
Investment Trust is $115.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
5 at 04:40 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.57           1.59           Beat
 Dec. 31 2022      1.57           1.58           Beat
 Sep. 30 2022      1.53           1.59           Beat
 Jun. 30 2022      1.49           1.65           Beat