💨 Abstract

The article contains two separate news item. First, Federal Realty Investment Trust (FRT) reported Q1 funds from operations of $1.70 per share, exceeding expectations. The company also had net income of $61.8 million and revenue of $309.2 million, both surpassing forecasts. FRT anticipates full-year funds from operations between $7.11 and $7.23 per share.

Courtesy: wtop.com

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