Federal Realty Inv. Trust (FRT) Reports In-Line Q1 FFO
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Federal Realty Investment Trust Announces First Quarter 2015 Operating Results
May 7, 2015 4:25 PM EDTROCKVILLE, Md., May 7, 2015 /PRNewswire/ --Â Federal Realty Investment Trust (NYSE: FRT) today reported operating results for its first quarter ended March 31, 2015.
Financial ResultsIn the first quarter 2015, Federal Realty generated funds from operations available for common shareholders (FFO) of $87.3 million, or $1.26 per diluted share. This compares to FFO of $81.8 million, or $1.21 per diluted share, in first quarter 2014. Net income available for common shareholders was $46.1 million and earnings per diluted share was $0.67 for first quarter 2015, versus $38.6 million and $0.57, respectively, for first quarter 2014.   Â
FFO is a non-GAAP supplemental earnings measure which the Trust... More
