Federal Realty (FRT) Q1 2026 Earnings Transcript
Donald C. Wood: Well, thanks, Jill, and good morning, everybody. You know, the combination of stepped-up capital recycling portfolio-wide; the strong incremental cash flow, the result of near-record leasing in terms of both volume and rate over the past 18 months; and the beginnings of meaningful incremental contributions from previous years' development spend are showing up in bottom line results with FFO per share of $1.88, besting a year-ago quarter by 10.6%, setting the stage for this quarter's earnings ...