Federal Realty Investment (NYSE:FRT) reported quarterly earnings of $1.71 per share which missed the analyst consensus estimate of $1.72 by 0.58 percent. This is a 3.64 percent increase over earnings of $1.65 per share from the same period last year. The company reported quarterly sales of $303.63 million which beat the analyst consensus estimate of $300.62 million by 1.00 percent. This is a 5.94 percent increase over sales of $286.60 million the same period last year.