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Federal Realty Misses Q3 FFO Estimates, Raises '24 Guidance
FRTFederal Realty Investment Trust(FRT) ZACKS·2024-10-31 17:20

Federal Realty Investment Trust’s (FRT) third-quarter 2024 funds from operations (FFO) per share of 1.71narrowlymissedtheZacksConsensusEstimateof1.71 narrowly missed the Zacks Consensus Estimate of 1.72. However, this marked a rise of 3.6% from the year-ago quarter’s tally of 1.65. Stayup−to−datewithallquarterlyreleases:SeeZacksEarningsCalendar.Resultsreflecthealthyleasingactivityandsignificantoccupancygainsatitsproperties.FRThasalsotightenedandincreaseditsguidancefor2024FFOpershare.Quarterlyrevenuesof1.65. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results reflect healthy leasing activity and significant occupancy gains at its properties. FRT has also tightened and increased its guidance for 2024 FFO per share.Quarterly revenues of 303.6 mill ...