Federal Realty Investment Trust (FRT) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Federal Realty Investment Trust (FRT) reported revenue of $311.44 million for Q4 2024, a year-over-year increase of 6.7% [1] - The earnings per share (EPS) for the same period was $1.73, compared to $0.76 a year ago, with no surprise against the consensus estimate [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $311.85 million, resulting in a surprise of -0.13% [1] Revenue Breakdown - Mortgage interest income was reported at $0.28 million, matching the average estimate [4] - Rental income totaled $303.88 million, which is a 4.2% increase year-over-year but below the average estimate of $311.38 million [4] - Other rental income was $13.58 million, slightly below the estimate of $13.95 million, reflecting a 0.6% year-over-year increase [4] - Percentage rents generated $5.71 million, which is a 4.3% decrease compared to the previous year and below the estimate of $5.93 million [4] - Cost reimbursement revenue was $59.67 million, a 6.3% year-over-year increase but slightly below the estimate of $60.27 million [4] Stock Performance - Federal Realty Investment Trust shares have returned +6.3% over the past month, outperforming the Zacks S&P 500 composite's +3.9% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance in the near term [3]