Acadia Realty Trust expected to post earnings of 8 cents a share - Earnings Preview
25/10/2024 14:12
* Acadia Realty Trust AKR.N AKR is expected to show a
fall in
quarterly revenue when it reports results on October 28 for the
period ending January 1 0001
* The Rye New York-based company is expected to report a
7.4% decrease in revenue to $75.384 million from $81.39 million
a year ago, according to the mean estimate from 5 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 8 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"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 24.00, below its last closing price of $24.27.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jan. 1 0001 0.31 0.31 0.31 Met 0.3
Mar. 31 0001 0.30 0.30 0.33 Beat 9.1
Jan. 1 0001 0.28 0.28 0.28 Met -1.2
Sep. 30 2023 0.27 0.27 0.27 Met -0.9
Jan. 0.28 0.28 0.36 Beat 28.1
1 0001
Mar. 31 2023 0.35 0.36 0.40 Beat 12.5
Dec. 31 2022 0.26 0.26 0.27 Beat 4.4
Jan. 1 0001 0.27 0.27 0.28 Beat 2.7
This summary was machine generated October 25 at 13:12 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)