The earnings call highlighted strong financial performance, robust leasing activity, and strategic acquisitions and dispositions, alongside challenges in development opportunities and occupancy levels in certain markets.

Company Guidance -

Q3 2025

During the Federal Realty Investment Trust Second Quarter 2025 Earnings Conference Call, the company provided robust guidance for the fiscal year. Federal Realty reported a Funds from Operations (FFO) per share of $1.91 for the quarter, exceeding expectations, and subsequently raised its full-year guidance to a range of $7.16 to $7.26 per share. This increase is driven by a $0.02 operational outperformance and $0.02 accretion from recent acquisitions. The company highlighted a near-record leasing activity with 644,000 square feet leased, achieving rent spreads of 10% over in-place rents. Federal Realty also noted a comparable property-level operating income growth of approximately 5% and tightened its expected credit reserve range to 75 to 90 basis points. Additionally, it is proceeding with a strategic acquisition and disposition strategy that aligns with its core strengths, aiming for unlevered IRRs of around 9%. The company maintains a strong balance sheet, with $1.55 billion in liquidity and a net debt-to-EBITDA ratio of 5.4x. Federal Realty also announced a 3% increase in its quarterly dividend, marking the 58th consecutive annual increase, highlighting its status as a Dividend King.

Strong Financial Performance

Reported FFO per share of $1.91, exceeding consensus and prior year FFO. Excluding tax credit impact, FFO of $1.76 per share exceeded guidance.

Near-Record Leasing Activity

Comparable retail leasing of 644,000 square feet was near an all-time quarterly record, with rent spreads at a solid 10% over in-place rents.

Positive Acquisition and Disposition Strategy

Acquisition of Town Center Plaza and Town Center Crossing in Kansas City, significant dispositions including Hollywood Boulevard retail portfolio for $69 million.

Dividend Increase

Declared an increase in quarterly common dividend by $0.03 per share, marking the 58th consecutive year of increases.

Expansion into New Markets

Exploration of new markets for acquisitions, such as Leawood, Kansas, driven by retailer demand and core competencies.

Federal Realty (FRT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

FRT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.83 / -	0.7	―	―	―
Aug 06, 2025	2025 (Q2)	0.73 / 1.78	1.32	34.85% (+0.46)	―
May 08, 2025	2025 (Q1)	0.68 / 0.72	0.66	9.09% (+0.06)
Feb 13, 2025	2024 (Q4)	0.73 / 0.75	0.76	-1.32% (-0.01)
Oct 30, 2024	2024 (Q3)	0.71 / 0.70	0.67	4.48% (+0.03)
Aug 01, 2024	2024 (Q2)	0.70 / 1.32	0.72	83.33% (+0.60)
May 02, 2024	2024 (Q1)	0.67 / 0.66	0.65	1.54% (+0.01)
Feb 12, 2024	2023 (Q4)	0.66 / 0.76	1.4	-45.71% (-0.64)
Nov 02, 2023	2023 (Q3)	0.66 / 0.67	1.89	-64.55% (-1.22)
Aug 02, 2023	2023 (Q2)	0.66 / 0.72	0.75	-4.00% (-0.03)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FRT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$93.18	$92.36	-0.88%
May 08, 2025	$94.13	$92.42	-1.82%
Feb 13, 2025	$109.28	$102.65	-6.07%
Oct 30, 2024	$110.56	$107.26	-2.98%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Federal Realty (FRT) report earnings?

Federal Realty (FRT) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).

What is Federal Realty (FRT) earnings time?

Federal Realty (FRT) earnings time is at Oct 30, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is FRT EPS forecast?

FRT EPS forecast for the fiscal quarter 2025 (Q3) is 0.83.

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