Federal Rlty Inv Trust Reveals 6% Advance In Q2 Profit

(RTTNews) - Federal Rlty Inv Trust (FRT) reported a profit for its second quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $108.60 million, or $1.49 per share. This was higher than $102.20 million, or $1.42 per share, in last year's second quarter.

The company said revenue for the quarter rose 5.1% to $208.05 million. This was up from $197.98 million last year.

Federal Rlty Inv Trust earnings at a glance:

-Earnings (Q2): $108.60 Mln. vs. $102.20 Mln. last year. -Earnings Growth (Y-o-Y): 6.3% -EPS (Q2): $1.49 vs. $1.42 last year. -EPS Growth (Y-o-Y): 4.9% -Revenue (Q2): $208.05 Mln vs. $197.98 Mln last year. -Revenue Change (Y-o-Y): 5.1%

-Guidance: Full year EPS guidance: $5.86 to $5.94