Federal Realty Investment Trust

Q2 FY2026 EarningsQ2 FY26 results beat consensus on both top and bottom lines, with revenue of $335.7M vs. $330.9M expected and Core FFO per share of $1.88 exceeding the $1.76 prior-year comparable. Leasing activity reached an all-time record volume of 819k square feet for comparable retail space, achieving 15% cash rent spreads. Management raised FY26 Core FFO guidance to $7.48-$7.56, reflecting robust AI-adjacent demand and sustained operational discipline.