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Federal Realty Investment Trust (FRT) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2025-08-06 22:31
Core Insights - Federal Realty Investment Trust (FRT) reported revenue of $311.52 million for the quarter ended June 2025, reflecting a 5.2% increase year-over-year and a surprise of +0.27% over the Zacks Consensus Estimate of $310.7 million [1] - Earnings per share (EPS) for the quarter was $1.91, compared to $1.32 in the same quarter last year, resulting in an EPS surprise of +10.4% against the consensus estimate of $1.73 [1] Revenue Breakdown - Mortgage interest income was reported at $0.28 million, matching the average estimate from five analysts, with no change year-over-year [4] - Rental income from percentage rents was $3.35 million, which is -14.8% lower than the average estimate of $4.47 million from three analysts [4] - Other lease-related rental income was $5.02 million, significantly below the average estimate of $8.67 million, representing a year-over-year decline of -64.7% [4] - Total rental income was $302.48 million, slightly below the average estimate of $305.89 million, showing a year-over-year increase of +2.3% [4] - Cost reimbursement rental income was $59.27 million, compared to the average estimate of $60.46 million, reflecting a year-over-year increase of +6.5% [4] Stock Performance - Over the past month, shares of Federal Realty Investment Trust have returned -0.8%, while the Zacks S&P 500 composite has changed by +0.5% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]
Federal Realty Investment Trust (FRT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-05-08 22:31
Core Insights - Federal Realty Investment Trust (FRT) reported a revenue of $309.15 million for the quarter ended March 2025, reflecting a 6.1% increase year-over-year and a surprise of +0.72% over the Zacks Consensus Estimate of $306.93 million [1] - The earnings per share (EPS) for the quarter was $1.70, significantly higher than the $0.66 reported in the same quarter last year, with an EPS surprise of +0.59% compared to the consensus estimate of $1.69 [1] Revenue Breakdown - Rental income was reported at $302.29 million, slightly below the estimated $305.73 million, marking a year-over-year increase of +3.9% [4] - Mortgage interest income remained stable at $0.28 million, matching the estimate but showing a -1.1% decline from the previous year [4] - Percentage rents from rental income were reported at $4.46 million, below the $4.70 million estimate, representing a -6.7% change year-over-year [4] - Cost reimbursement from rental income was $63.27 million, exceeding the estimated $57.62 million, with an increase of +11.9% compared to the year-ago quarter [4] - Other rental income was reported at $12.34 million, slightly below the $12.56 million estimate, showing a +0.9% change year-over-year [4] - Net Earnings Per Share (Diluted) was $0.72, surpassing the average estimate of $0.68 from five analysts [4] Stock Performance - Over the past month, shares of Federal Realty Investment Trust have returned +5.3%, while the Zacks S&P 500 composite has seen a +11.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]