AI English summary of an SEC filing — figures as filed
The company said net income available for common shareholders for Q3 2026 was $64.2 million ($0.74 per diluted share), and that Nareit FFO and Core FFO were each $163.0 million ($1.87 per diluted share). FFO for Q3 2025 was $153.0 million ($1.77 per share).
Key points
AI summaryThe company said net income available for common shareholders for Q3 2026 was $64.2 million ($0.74 per diluted share), and that Nareit FFO and Core FFO were each $163.0 million ($1.87 per diluted share). FFO for Q3 2025 was $153.0 million ($1.77 per share).
Federal Realty raised and narrowed its full-year 2026 Nareit FFO and Core FFO per diluted share guidance to $7.54 to $7.58, from the prior $7.48 to $7.56. The company also narrowed its net income available for common shareholders per diluted share guidance to $4.23 to $4.27, from the prior $4.22 to $4.30.
The company said it signed 117 comparable retail leases totaling 532,220 square feet in Q3 2026, at an average rent of $40.01 per square foot, compared with $35.07 under prior leases. That represented a 14% increase on a cash basis and a 25% increase on a straight-line basis.
The company issued $460.0 million of 3.50% exchangeable senior notes due August 15, 2031 on August 11, 2026, with net proceeds of about $451 million, it said. It also repurchased and retired 869,748 common shares for $94.7 million through October 9, 2026.
Summary
AI-writtenAnalysis 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.
Q3 2026 Net Income and FFO
The company said net income available for common shareholders for Q3 2026 was $64.2 million ($0.74 per diluted share), and that Nareit FFO and Core FFO were each $163.0 million ($1.87 per diluted share). FFO for Q3 2025 was $153.0 million ($1.77 per share).
Source · Based on the filing body and exhibits
Federal Realty Revises 2026 Full-Year Outlook
Federal Realty raised and narrowed its full-year 2026 Nareit FFO and Core FFO per diluted share guidance to $7.54 to $7.58, from the prior $7.48 to $7.56. The company also narrowed its net income available for common shareholders per diluted share guidance to $4.23 to $4.27, from the prior $4.22 to $4.30.
Source · Based on the filing body and exhibits
Q3 2026 Comparable Leasing Activity
The company said it signed 117 comparable retail leases totaling 532,220 square feet in Q3 2026, at an average rent of $40.01 per square foot, compared with $35.07 under prior leases. That represented a 14% increase on a cash basis and a 25% increase on a straight-line basis.
Source · Based on the filing body and exhibits
Exchangeable Notes Issued and Shares Repurchased
The company issued $460.0 million of 3.50% exchangeable senior notes due August 15, 2031 on August 11, 2026, with net proceeds of about $451 million, it said. It also repurchased and retired 869,748 common shares for $94.7 million through October 9, 2026.
Source · Based on the filing body and exhibits
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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