Federal Realty Inv. Trust (NYSE: FRT) reported Q2 EPS of $0.84, 7 cents better than the analyst estimate of $0.77.

• Generated earnings per diluted share of $0.84 for the quarter compared to $1.05 in second quarter 2017, which included a $0.26 gain on sale of real estate.
• Generated funds from operations available for common shareholders (FFO) per diluted share of $1.55 for the quarter compared to $1.49 in second quarter 2017.
• Generated comparable property property operating income (POI) growth of 3.6% for the second quarter.
• Signed leases for 449,247 sf of comparable space (474,578 sf total) in the second quarter at an average rent of $34.75 psf and achieved cash basis rollover growth on those comparable spaces of 10%.
• Increased the regular quarterly dividend rate on common shares to $1.02 per share, representing the 51st consecutive year of common dividend increases.
• Increased 2018 FFO per diluted share guidance range to $6.13 - $6.23.

For earnings history and earnings-related data on Federal Realty Inv. Trust (FRT) click here.