Picture of Acadia Realty Trust logo

AKR Acadia Realty Trust News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsConservativeMid CapSuper Stock

Acadia Realty Trust expected to post earnings of 9 cents a share - Earnings Preview

* Acadia Realty Trust  AKR.N   AKR  is expected to show a
fall in
quarterly revenue when it reports  results on February 11 for
the period ending December 31 2024
    * The Rye New York-based  company is expected to report a
5.4% decrease in revenue to $79.679 million from $84.21 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 9 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 $27.00​, above​ its last closing price of $23.48. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.32        0.32       0.32      Met     1.5
 Jun. 30 2024  0.31        0.31       0.31      Met     0.3
 Mar. 31 2024  0.30        0.30       0.33      Beat    9.1​
 Dec. 31 2023  0.28        0.28       0.28      Met     -1.2
 ​​Sep.        0.27        0.27       0.27      Met     -0.9
 30 2023                                                
 Jun. 30 2023  0.28        0.28       0.36      Beat    28.1​
 Mar. 31 2023  0.35        0.36       0.40      Beat    12.5
 Dec. 31 2022  0.26        0.26       0.27      Beat    4.4
 This summary was machine generated February 7 at 22:08 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)

Recent news on Acadia Realty Trust

See all news