Acadia Q2 revenue beats estimates

Acadia Realty Trust

29/07/2025 21:25

Overview

Acadia Q2 revenue beats analyst expectations, per LSEG data

NAREIT FFO per share rises 8% yr/yr, indicating improved operational performance

Co completed $157 mln in street retail acquisitions, expanding NYC portfolio

Outlook

Acadia reaffirms full-year Core Same Property NOI growth of 5-6%

Company revises 2025 net earnings guidance to $0.09-$0.13 per share

Result Drivers

SAME-PROPERTY NOI - Achieved 4.2% growth driven by increased occupancy

LEASE EXECUTION - Signed 35,000 sq ft lease with LA Fitness in San Francisco

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$100.59 mln
$89.90 mln (3 Analysts)
Q2 EPS
$0.01
Q2 Net Income
-$20.94 mln
Q2 Basic EPS
$0.01
Q2 FFO Per Share
$0.27
Q2 Operating Income
$760,000


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the commercial reits peer group is "buy"

Wall Street's median 12-month price target for Acadia Realty Trust is $23.00, about 19.1% above its July 28 closing price of $18.60

The stock recently traded at 52 times the next 12-month earnings vs. a P/E of 53 three months ago

Press Release: ID:nBw8lx076a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)