Federal Realty Investment Trust (FRT) Revenue — Quarter Ended Jun 30, 2024
Revenue increased in the second quarter, continuing the upward trend. Compared to the prior quarter and the same quarter last year, revenue showed growth.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased in the second quarter, continuing the upward trend. Compared to the prior quarter and the same quarter last year, revenue showed growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$296.1M
Revenue reported for this quarter.
Quarter-over-quarter
+1.6%
Change from the immediately preceding quarter.
Year-over-year
+5.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $286.6M | +4.8% |
| Dec 31, 2023 | $291.8M | +4.2% |
| Mar 31, 2024 | $291.3M | +6.7% |
| Jun 30, 2024 | $296.1M | +5.5% |
Revenue performance
The reported revenue for this quarter rose sequentially and year over year, reflecting stable operational momentum.
Quarterly comparison
Sequentially, revenue improved from the immediately preceding quarter. On an annual basis, the growth was more pronounced compared to the same quarter one year earlier.
What to watch
Monitor whether the revenue growth rate can be sustained in the coming quarters.