Federal Realty Investment Trust: Q1 Earnings Snapshot
Federal Realty Investment Trust (FRT) reported first-quarter funds from operations (FFO) of $1.88 per share, exceeding Wall Street expectations of $1.82 per share. The real estate investment trust also surpassed revenue forecasts, posting $341.1 million against an expected $333.8 million. For the full year, the company anticipates FFO to be between $7.46 and $7.55 per share.
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