Federal Realty Investment Trust (FRT) Misses Q3 FFO Estimates

Federal Realty Investment Trust (FRT) came out with quarterly funds from operations (FFO) of $1.71 per share, missing the Zacks Consensus Estimate of $1.72 per share. This compares to FFO of $1.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -0.58%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1.68 per share when it actually produced FFO of $1.69, delivering a surprise of 0.60%.Over th ...