The earnings call conveyed a generally positive outlook with strong financial performance and strategic expansion into new markets. While there are challenges in leasing and development due to economic conditions, the company's proactive measures and robust liquidity position support its growth trajectory.

Company Guidance

During the Federal Realty Investment Trust Second Quarter 2025 Earnings Conference Call, the company provided guidance indicating strong financial performance and strategic growth initiatives. The reported NAREIT-defined FFO per share for Q2 was $1.91, including a $0.15 one-time new market tax credit income, and exceeded the guidance range. Excluding this, the FFO per share was $1.76, surpassing consensus. As a result, the company raised its 2025 full-year FFO guidance to a range of $7.16 to $7.26 per share. Federal Realty also highlighted a robust leasing pipeline, with 644,000 square feet of retail leasing nearly reaching an all-time quarterly record and rent spreads around 10% over in-place rents. The company's acquisition strategy has broadened, focusing on dominant retail properties in affluent markets, aiming for geographic diversity and enhanced growth prospects. Additionally, the company improved its liquidity to $1.55 billion and plans to maintain its focus on strategic acquisitions, redevelopment, and disciplined capital deployment.

Strong FFO Performance

Reported FFO per share of $1.91, exceeding expectations and including $0.15 from the Freedom Plaza development tax credit, leading to a beat and raise for 2025 guidance.

Near-Record Leasing Activity

Leased 644,000 square feet of retail space, the second highest volume ever recorded, with rent spreads at 10% over in-place rents.

Strategic Acquisitions and Expansions

Acquired dominant retail properties in Leawood, Kansas, aiming to execute 2 more acquisitions of size by year-end, expanding geographic diversity.

Dividend Increase

Declared a quarterly dividend increase to $1.13 per share, marking the 58th consecutive annual increase, maintaining status as a Dividend King.

Robust Liquidity Position

Improved liquidity to $1.55 billion with significant availability on unsecured credit facility, cash, and term loan.

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)	0.70 / -	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 0.7.

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