The company said net income available for common shareholders for the full year 2024 was $3.42 per diluted share (2023 $2.80), and FFO was $6.77 per diluted share (2023 $6.55). For Q4, diluted net income per share was $0.75 and FFO was $1.73.

1. 01

   The company said net income available for common shareholders for the full year 2024 was $3.42 per diluted share (2023 $2.80), and FFO was $6.77 per diluted share (2023 $6.55). For Q4, diluted net income per share was $0.75 and FFO was $1.73.

2. 02

   Federal Realty said operating income for 2024 was $472.4 million (2023 $406.5 million), and comparable property operating income (POI), excluding lease termination fees and prior period rents collected, grew 3.4% for the full year and 4.2% for Q4.

3. 03

   The company said its commercial portfolio was 94.1% occupied and 96.2% leased as of December 31, 2024. It also said the cash basis rollover increase on 452 comparable leases signed during the full year 2024 was 11%.

4. 04

   The company gave 2025 guidance of $3.00 to $3.12 for earnings per diluted share and $7.10 to $7.22 for FFO per diluted share. It said the assumptions include comparable property growth of 3% to 4% and $124 million in acquisitions.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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