Federal Realty Investment Trust (FRT) earnings on July 31, 2026

Before the market opens Q2 2026

More Federal Realty Investment Trust earnings

Prior outlook: No statistical edge

Federal Realty's quarterly numbers beat expectations and the company raised its outlook for next year. The stock rose to a high of nearly 2% before closing slightly up.

FRT price around the earnings

124.09

Change: +0.1%

2026-07-31, 20:00 UTC

End of the measured window
123.92 124.80 125.67 126.55 123.92
Price series around the eventClosing price per minute from before the event to the end of the measured window.
July 31, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: No statistical edge

Thesis published
Results released

Strong past earnings and analyst upgrades, but recent trajectory shows a significant collapse into the event.

Context analyzed before publication

Trend
Strong run-up followed by a significant collapse and negative trend strength on the event day, indicating dashed expectations.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.9
Analysts covering the stock
20
Average price target
131.14
Lowest price target
118
Highest price target
149
Upside to price target
5.7%
Quarterly earnings growth
149.5%
Revenue growth
10.3%
Forward EPS
3.08
Trailing EPS
5.7
Analyst moves in the last 60 days
7
  • Strong buy: 4
  • Buy: 9
  • Hold: 7
  • Sell: 0
  • Strong sell: 0
Strong buy
4
Buy
9
Hold
7
Sell
0
Strong sell
0
  • July 23, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
  • July 21, 2026 · Piper Sandler: Maintains rating (Overweight → Overweight)
  • July 9, 2026 · UBS: Maintains rating (Neutral → Neutral)
  • July 7, 2026 · Evercore ISI Group: Maintains rating (In-Line → In-Line)
  • June 29, 2026 · B of A Securities: Maintains rating (Buy → Buy)
  • June 8, 2026 · Truist Securities: Maintains rating (Hold → Hold)
  • June 1, 2026 · Mizuho: Upgrades rating (Neutral → Outperform)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%

Technicals

Evidence

Price when the context was analyzed
124.17
Average true range (ATR)
1.3%
Distance to 52-week high
-2.4%
14-day change (14d)
-0.8%
30-day change (30d)
+0.5%
30-day relative strength
+1.2%
SPY change (30d)
-0.7%
Nearest support
124.02
Distance to nearest support
0.1%
Nearest resistance
124.48
Distance to nearest resistance
0.3%
Volume accumulation ratio (14d / 46d)
0.99
  • Mid: 124.02 (0.1% away, 0.09 ATR, 10 touches)
  • Minor: 123.64 (0.4% away, 0.32 ATR, 7 touches)
  • Mid: 123.09 (0.9% away, 0.65 ATR, 11 touches)
  • Mid: 124.48 (0.3% away, 0.19 ATR, 17 touches)
  • Minor: 124.91 (0.6% away, 0.44 ATR, 8 touches)
  • Mid: 125.35 (1% away, 0.71 ATR, 19 touches)

Trends

Evidence

Average earnings surprise
+99.2%
  • May 1, 2026: actual EPS 1.81 vs estimate 0.68 (surprise +165.2%)
  • February 12, 2026: actual EPS 1.56 vs estimate 0.76 (surprise +104.7%)
  • October 31, 2025: actual EPS 0.69 vs estimate 0.78 (surprise -11.3%)
  • August 6, 2025: actual EPS 1.78 vs estimate 0.75 (surprise +138.3%)

Expected move

Implied move
+1.2%
Source
Options chain

Reactions over its last 20 earnings

Median move
2.1%
75th percentile move
3.6%
90th percentile move
5.9%
Up / down moves
10 / 10
Average up move
+2.7%
Average down move
-2.2%

Monitoring and close

What Federal Realty Investment Trust reported

Status
Finished
Actual EPS1.88
EPS estimate1.85
EPS surprise+1.6%
Revenue$336 million
Revenue estimate$333 million
Revenue surprise+0.9%

Federal Realty beat expectations with FFO of $1.88 per share and sales of $335.7M. Optimistic after strong results and dividend increase.

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Consolidated
+0.3%
Max move
+1.9%

No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.