Acadia Realty Trust expected to post earnings of 2cents a share - Earnings Preview

Acadia Realty Trust

21/10/2022 14:24

* Acadia Realty Trust  AKR.N   AKR  is expected to show a
fall in
quarterly revenue when it reports  results on October 24
(estimated). 
    * The Rye New York-based  company is expected to report  a
3.1% decrease in revenue to $69.634 million from $71.85 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Acadia Realty Trust
is
for earnings of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Acadia
Realty
Trust is $17​, above​ its last closing price of $12.71. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.31        0.30       0.32      Beat    5.9
 Mar. 31 2022  0.31        0.30       0.33      Beat    8.4
 Dec. 31 2021  0.27        0.27       0.29      Beat    7.5​
 Sep. 30 2021  0.27        0.27       0.27      Met     1.3
 ​​Jun.        0.27        0.26       0.30      Beat    13.8
 30 2021                                                
 Mar. 31 2021  0.23        0.23       0.25      Beat    7​
 Dec. 31 2020  0.22        0.23       0.24      Beat    6.7
 Sep. 30 2020  0.22        0.25       0.20      Missed  -20
 This summary was machine generated October 21 at 13:24 GMT.  All
figures in US dollars  unless otherwise stated