Federal Realty Investment Trust (FRT) Thursday reported first-quarter net income available for common shareholders of $61.8 million or $0.72 per share, compared to $54.7 million or $0.66 per share in the first quarter 2024.
FFO for the first quarter was $146.5 million, or $1.70 per share, compared to $136.7 million, or $1.64 per share for the first quarter 2024.
Total revenues for the quarter rose to $309.2 million from $291.3 million last year.
Federal Realty has raised its 2025 FFO guidance to $7.11 to $7.23 from prior estimate of $7.10 to $7.22.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.