Acadia Realty Trust expected to post earnings of 5  cents a share - Earnings Preview

Acadia Realty Trust

30/07/2022 02:44

* Acadia Realty Trust  AKR.N   AKR  is expected to show a
rise in
quarterly revenue when it reports  results on August 2. 
    * The Rye New York-based  company is expected to report  a
11.2% increase in revenue to $59.725 million from $53.69 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Acadia Realty Trust
is
for earnings of 5 cents per share. For the same quarter last
year, the company reported earnings of 4 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"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 $20.5​, above​ its last closing price of $17.13. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.31        0.30       0.33      Beat    8.4
 Dec. 31 2022  0.27        0.27       0.29      Beat    7.5
 Sep. 30 2021  0.27        0.27       0.27      Met     1.3​
 Jun. 30 2021  0.27        0.26       0.30      Beat    13.8
 ​​Mar.        0.23        0.23       0.25      Beat    7
 31 2021                                                
 Dec. 31 2020  0.22        0.23       0.24      Beat    6.7​
 Sep. 30 2020  0.22        0.25       0.20      Missed  -20
 Jun. 30 2020  0.31        0.31       0.29      Missed  -6
 This summary was machine generated July 30 at 01:44 GMT.  All
figures in US dollars  unless otherwise stated