NYSE:FRTRetail REITs
Federal Realty (FRT) Margin Beat Sharpens Debate on Quality of Earnings and Growth Outlook
Federal Realty Investment Trust (FRT) booked a net profit margin of 27.2%, up from last year's 24%. The company delivered earnings growth of 20.1% over the past year, comfortably beating its five-year average growth of 10.1%. The recent $79.4 million one-off gain inflates the latest results, but investors will note the backdrop of consistent annual profit growth at 10.1% and a stock that trades at a discount to its sector on key valuation metrics.
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