Federal Realty Investment Q2 EPS $1.67 Up From $1.65 YoY, Sales $280.68M Beat $277.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Federal Realty Investment (NYSE:FRT) reported Q2 earnings of $1.67 per share, a 1.21% increase YoY. The company's quarterly sales were $280.68 million, beating the analyst consensus estimate of $277.00 million by 1.33% and marking a 6.28% increase YoY.
August 04, 2023 | 12:07 pm
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Federal Realty Investment reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Federal Realty Investment reported a YoY increase in Q2 earnings and sales, both of which beat analyst estimates. This positive financial performance could increase investor confidence and drive up the company's stock price in the short term.
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IMPORTANCE 80
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