WASHINGTON (dpa-AFX) - 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.
Copyright(c) 2025 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2025 AFX News
