Federal Realty Investment Trust Announces Operating Results for the Year and Quarter Ended December 31, 2019
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Federal Realty Inv. Trust (FRT) Tops Q4 EPS by $1.10, Revenues Beat; Offers FY20 EPS Guidance
February 10, 2020 4:14 PM ESTFederal Realty Inv. Trust (NYSE: FRT) reported Q4 EPS of $1.92, $1.10 better than the analyst estimate of $0.82. Revenue for the quarter came in at $239.15 million versus the consensus estimate of $238.6 million.
Key Highlights of the full year and quarter include:
Generated funds from operations available for common shareholders (FFO) per diluted share of $6.17 for the year ($6.33 excluding the charge related to the buyout of the Kmart lease at Assembly) compared to $6.23 in 2018. For the fourth quarter,... More