Federal Realty Investment Q2 2024 FFO $1.69 Beats $1.68 Estimate, Sales $296.052M Beat $293.604M Estimate
Portfolio Pulse from Benzinga Newsdesk
Federal Realty Investment (NYSE:FRT) reported Q2 2024 earnings per share of $1.69, beating the analyst estimate of $1.68. The company also reported sales of $296.052 million, surpassing the estimate of $293.604 million and marking a 5.48% increase from the same period last year.
August 01, 2024 | 8:06 pm
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Federal Realty Investment (NYSE:FRT) reported Q2 2024 earnings per share of $1.69, beating the analyst estimate of $1.68. The company also reported sales of $296.052 million, surpassing the estimate of $293.604 million and marking a 5.48% increase from the same period last year.
Federal Realty Investment's Q2 2024 earnings and sales both exceeded analyst estimates, indicating strong financial performance. This positive earnings report is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100