Federal Realty (FRT) Q2 Revenue Up 5%
Federal Realty Investment Trust (NYSE:FRT), a real estate investment trust specializing in high-quality retail and mixed-use properties, reported results for Q2 2025 on August 6, 2025. The most notable news from the earnings release was non-GAAP EPS (NAREIT FFO per diluted share) of $1.91. GAAP revenue was $311.5 million in Q2 2025, up from $287.1 million in Q2 2024. However, part of the non-GAAP FFO outperformance in Q2 2025 came from a one-time, nonrecurring new market tax credit transaction income. Overall, the quarter showcased steady leasing, high occupancy, and continued dividend growth.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
The trust is one of the oldest and most established owners and operators of retail and mixed-use properties, focusing on high-traffic, affluent urban and suburban locations across the United States. Its portfolio is mostly open-air shopping centers and mixed-use developments, with significant presence in metropolitan regions like the Mid-Atlantic, Northeast, California, and South Florida. These core markets attract high-income shoppers and support strong retailer demand, underpinning stable operating performance over economic cycles.
Source Fool.com
