Federal Realty reports Q2 FFO $1.67, consensus $1.62

Reports Q2 revenue $280.68M, consensus $276.84M. “A record quarter for Federal Realty; $1.67 of FFO per share driven by strong results in all aspects of our company and our 56th consecutive year of increased common dividends to our shareholders, also a REIT industry record,” said Donald Wood, CEO. “Continued robust leasing activity demonstrates the strength of retail demand for the high-quality product that Federal Realty offers.”