Federal Rlty Inv Trust Q3 Profit Rises 13%

(RTTNews) - Federal Rlty Inv Trust (FRT) released earnings for its third quarter that climbed compared to the same period last year.

The company said its bottom line climbed to $95.16 million, or $1.36 per share. This was higher than $84.47 million, or $1.23 per share, in last year's third quarter.

Analysts had expected the company to earn $1.34 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.4% to $185.25 million. This was up from $170.94 million last year.

Federal Rlty Inv Trust earnings at a glance:

-Earnings (Q3): $95.16 Mln. vs. $84.47 Mln. last year. -Earnings Growth (Y-o-Y): 12.7% -EPS (Q3): $1.36 vs. $1.23 last year. -EPS Growth (Y-o-Y): 10.6% -Analysts Estimate: $1.34 -Revenue (Q3): $185.25 Mln vs. $170.94 Mln last year. -Revenue Change (Y-o-Y): 8.4%

-Guidance: Full year EPS guidance: $5.30 - $5.33