Federal Rlty Inv Trust Earnings Climb 24% In Q4

(RTTNews) - Federal Rlty Inv Trust (FRT) announced a profit for its fourth quarter that gained ground compared to the same period last year.

The company said its bottom line rose to $96.47 million, or $1.37 per share. This was up from $77.75 million, or $1.13 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.38 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.1% to $192.51 million. This was up from $176.38 million last year.

Federal Rlty Inv Trust earnings at a glance:

-Earnings (Q4): $96.47 Mln. vs. $77.75 Mln. last year. -Earnings Growth (Y-o-Y): 24.1% -EPS (Q4): $1.37 vs. $1.13 last year. -EPS Growth (Y-o-Y): 21.2% -Analysts Estimate: $1.38 -Revenue (Q4): $192.51 Mln vs. $176.38 Mln last year. -Revenue Change (Y-o-Y): 9.1%