Federal Realty lifts FFO guidance after higher leasing activity buoys Q2 results

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Federal Realty Investment Trust's (NYSE:FRT) second-quarter funds from operations, released Wednesday, rose past the Wall Street consensus as leasing activity gained momentum.

The REIT now sees 2025 FFO per share, excluding NMTC transaction income, of $7.01-$7.11 (midpoint $7.06), up from $6.96-$7.08 (midpoint $7.02) in the prior outlook.