Federal Realty Inv. Trust (FRT) Tops Q2 Views, Raises Guidance

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Federal Realty Investment Trust Announces Second Quarter 2018 Operating Results

August 1, 2018 4:15 PM EDT

ROCKVILLE, Md., Aug. 1, 2018 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) today reported operating results for its second quarter ended June 30, 2018.  Highlights of the quarter and recent activity include:

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.... More