Federal Realty Investment Trust reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 280.39 million compared to USD 263.83 million a year ago. Revenue was USD 280.68 million compared to USD 264.1 million a year ago. Net income was USD 60.5 million compared to USD 61.68 million a year ago. Basic earnings per share from continuing operations was USD 0.72 compared to USD 0.75 a year ago. Diluted earnings per share from continuing operations was USD 0.72 compared to USD 0.75 a year ago.
For the six months, sales was USD 553.19 million compared to USD 520.34 million a year ago. Revenue was USD 553.74 million compared to USD 520.87 million a year ago. Net income was USD 115.83 million compared to USD 113.66 million a year ago. Basic earnings per share from continuing operations was USD 1.37 compared to USD 1.38 a year ago. Diluted earnings per share from continuing operations was USD 1.37 compared to USD 1.38 a year ago.