08:00 AM EDT, 05/01/2026 (MT Newswires) -- Federal Realty Investment Trust ( FRT ) reported Q1 core funds from operations Friday of $1.88 per diluted share, up from $1.70 a year earlier.

Analysts polled by FactSet expected $1.80.

Total revenue for the three months ended March 31 was $341.1 million, up from $309.2 million a year earlier.

Analysts surveyed by FactSet expected $332.1 million.

The company raised its 2026 core FFO outlook to a range of $7.46 to $7.55 per diluted share, from $7.42 to $7.52 previously. Analysts surveyed by FactSet expect $7.43.

The company maintained its quarterly dividend at $1.13 a share, payable on July 15 to stockholders of record as of July 1.

Shares of the company were up 2% in premarket activity Friday.