Federal Realty reports Q4 FFO $1.58, consensus $1.57

Reports Q4 revenue $280.06M, consensus $275.75M. "2022 ended with a very strong fourth quarter and the first weeks of 2023 look to continue that momentum," said Donald Wood, CEO. "We’re more than a year ahead of where we thought we’d be in recovering from the depths of the pandemic in terms of leasing, occupancy and bottom line earnings in large part due to the remarkable resiliency of the markets and sub markets where our high quality retail destinations are located."