Acadia Realty Trust expected to post earnings of 6 cents a share - Earnings Preview
26/07/2024 23:36
* Acadia Realty Trust AKR.N AKR is expected to show a
fall in
quarterly revenue when it reports results on July 30 for the
period ending June 30 2024
* The Rye New York-based company is expected to report a
18.2% decrease in revenue to $72.133 million from $88.14 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data. (Consensus is on Total property revenue
basis)
* LSEG's mean analyst estimate for Acadia Realty Trust is
for
earnings of 6 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "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 $18.00, below its last closing price of $20.44.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.30 0.30 0.33 Beat 9.1
Dec. 31 2024 0.28 0.28 0.28 Met -1.2
Sep. 30 2023 0.27 0.27 0.27 Met -0.9
Jun. 30 2023 0.28 0.28 0.36 Beat 28.1
Mar. 0.35 0.26 0.40 Beat 12.5
31 2023
Dec. 31 2022 0.26 0.26 0.27 Beat 4.4
Sep. 30 2022 0.27 0.27 0.28 Beat 2.7
Jun. 30 2022 0.31 0.30 0.32 Beat 5.9
This summary was machine generated July 26 at 22:36 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)