Reports Q3 revenue $286.6M, consensus $283.79M. “In the first nine months of 2023, we achieved a Federal Realty record by leasing over 1.6 million square feet of comparable space,” said CEO Donald Wood. “Our business’s strength lies in superior demographics, fueling active leasing at our premium retail destinations. We remain focused on continuing to grow occupancy over the coming quarters.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on FRT:
- Federal Realty price target lowered to $55 from $61 at Baird
- Federal Realty management to meet with Piper Sandler
- FRT Stock: 56 Years of Dividend Growth. Can This Trend Last?
- Federal Realty downgraded to Neutral from Buy at Mizuho
- Federal Realty downgraded to Outperform from Strong Buy at Raymond James