For the quarter ended June 2024, Federal Realty Investment Trust (FRT) reported revenue of $296.05 million, up 5.5% over the same period last year. EPS came in at $1.69, compared to $0.72 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $292.91 million, representing a surprise of +1.07%. The company delivered an EPS surprise of +0.60%, with the consensus EPS estimate being $1.68. While investors closely watch year-over-year changes in headline numbers -- revenue and ...

Federal Realty Investment Trust (FRT) came out with quarterly funds from operations (FFO) of $1.69 per share, beating the Zacks Consensus Estimate of $1.68 per share. This compares to FFO of $1.67 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 0.60%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1.65 per share when it actually produced FFO of $1.64, delivering a surprise of -0.61%. Over ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO THE SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-07533 (Federal Realty Investment Trust) Commission file number: 333-262016-01 (Federal Realty OP LP) FEDERAL REALTY INV ...

FEDERAL REALTY INVESTMENT TRUST SUPPLEMENTAL INFORMATION June 30, 2024 TABLE OF CONTENTS | --- | --- | --- | |-------|----------------------------------------------------------------------------------------|-------| | 1 | Second Quarter 2024 Earnings Press Release | | | | | | | 2 | Financial Highlights | | | | Consolidated Income Statements | | | | Consolidated Balance Sheets | | | | Funds From Operations / Other Supplemental Information | | | | Components of Rental Income | 10 | | | Comparable Property Inf ...

Core Insights - The consensus EPS estimate for the upcoming quarter has been revised downward by 0.2% over the past 30 days, indicating a collective reassessment by analysts [1] - Analysts predict that Federal Realty Investment Trust (FRT) will report quarterly earnings of $1.68 per share, reflecting a 0.6% increase year-over-year, with revenues expected to reach $292.91 million, a 4.4% increase from the previous year [6] Revenue Estimates - The consensus estimate for 'Revenue- Rental income' is projected at $290.24 million, representing a year-over-year increase of 3.5% [3] - 'Revenue- Rental income- Percentage rents' is expected to be $4.47 million, indicating a 2.3% increase year-over-year [4] - 'Revenue- Rental income- Other' is anticipated to be $13.27 million, suggesting a decline of 7.1% year-over-year [9] - The estimate for 'Revenue- Rental income- Cost reimbursement' stands at $55.60 million, reflecting an 8.6% increase year-over-year [10] Depreciation and Amortization - Analysts estimate 'Depreciation and amortization' to be $83.70 million, compared to $78.97 million from the previous year [5] Market Performance - Federal Realty Investment Trust shares have shown a return of 12.7% over the past month, contrasting with a -0.4% change in the Zacks S&P 500 composite [5] - The company holds a Zacks Rank of 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [5] Importance of Earnings Estimates - Changes in earnings estimates are crucial for predicting investor reactions to the stock, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock price performance [7]

Not all my REIT (VNQ) investments are successful. Suntec REIT (T82U / OTCPK:SURVF) When we initiated our position in the REIT, they owned a small portfolio of trophy assets in Singapore, but they were priced at a discount to their net asset value and offered an above-average yield for an S-REIT. Therefore, the thesis was very simple. Suntec REIT allowed us to buy an interest in trophy assets in Singapore, which is the safe haven of Asia, offering great diversification benefits to our international portfolio ...

The best retirement stocks are something investors may consider later in their careers, but the previous few years have proved that there's no poor time to start preparing. Covid-19, meme stocks and a record 11 interest rate increases between March 2022 and July 2023 have caused upheaval, making everyone think about retirement stocks. Due to the 8.7% Social Security cost-of-living rise in 2023, more seniors may be subject to federal income taxes on their benefits in 2024, so now is the time to consider the ...

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The company enjoys a well-diversified tenant base of retailers, including industry bellwethers like TJX Companies, Ahold Delhaize and CVS Corporation. This limits the company's risk to any particular retail industry and positions it well for experiencing a stable source of rental revenues. As of Mar 31, 2024, no single tenant accounted for more than 2.7% of the annualized base rent (ABR). We estimate year-over-year growth of 4.5%, 5% and 7.6% in the company's rental income in 2024, 2025 and 2026, respective ...

Image Source: Zacks Investment Research One such strategic investment is the recent acquisition of Virginia Gateway, a dominant 110-acre retail hub located in Gainesville, VA. This acquisition added approximately 665,000 square feet of prime retail space to Federal Realty's portfolio and underscored its commitment to owning and operating high-quality, high-traffic retail properties in affluent markets. A diverse tenant base and a focus on essential retail ensure steady cash flows. The company's efforts to d ...