Federal Realty Investment (NYSE:FRT) reported quarterly earnings of $1.70 per share which beat the analyst consensus estimate of $1.69 by 0.59 percent. This is a 3.66 percent increase over earnings of $1.64 per share from the same period last year. The company reported quarterly sales of $309.15 million which beat the analyst consensus estimate of $306.40 million by 0.90 percent. This is a 6.12 percent increase over sales of $291.32 million the same period last year.