Gear Up for Federal Realty Investment Trust (FRT) Q2 Earnings: Wall Street Estimates for Key Metrics

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$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$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$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]