Federal Realty Investment Trust reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported total revenue of $217,953,000 against $201,157,000 a year ago. Operating income was $84,497,000 against $80,461,000 a year ago. Income from continuing operations was $58,107,000 against $56,253,000 a year ago. Net income attributable to the trust was $106,777,000 against $58,977,000 a year ago. Net income available for common shareholders was $106,600,000 or $1.47 per diluted share against $58,841,000 or $0.82 per diluted share a year ago. Funds from operations were $109,578,000 against $101,310,000 a year ago. FFO was $109,968,000 against $101,661,000 a year ago. FFO per diluted share was $1.50 against $1.41 per share a year ago.

For the nine months, the company reported total revenue of $633,391,000 against $597,482,000 a year ago. Operating income was $249,131,000 against $237,518,000 a year ago. Income from continuing operations was $175,136,000 against $166,701,000 a year ago. Net income attributable to the trust was $239,258,000 against $191,873,000 a year ago. Net income available for common shareholders was $238,810,000 or $3.30 per diluted share against $191,467,000 or $2.70 per diluted share a year ago. Funds from operations were $323,241,000 against $300,275,000 a year ago. FFO was $324,491,000 against $301,440,000 a year ago. FFO per diluted share was $4.45 against $4.21 per share a year ago.

For the year 2017, the company expects net income available to common shareholders, per diluted share of range between $4.02 to $4.05 per share. FFO per diluted share of range between $5.89 to $5.92 per share.