Federal Realty Investment Trust Posts Higher Q3 Earnings, Revenue Up 5.2%

Federal Realty Investment Trust (FRT) reported third-quarter earnings of $64.16 million, or $0.74 per share, up from $59.64 million, or $0.69 per share, a year earlier, the real estate investment trust announced. Revenue for the quarter rose 5.2% to $339.02 million from $322.25 million last year. The company issued full-year earnings guidance of $4.23 to $4.27 per share. The results reflect GAAP figures.