Picture of Acadia Realty Trust logo

AKR — Acadia Realty Trust News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsConservativeMid CapNeutral

Acadia Realty Trust gains as Q3 FFO rises on strong leasing momentum

BUZZ-Acadia Realty Trust gains as Q3 FFO rises on strong leasing momentum

** Shares of US retail REIT Acadia Realty Trust AKR.N rise about 2% to $19.37 in premarket trading

** Co reports higher Q3 adjusted fund from operations as leasing momentum remained strong in key street retail corridors

** Posts Q3 adjusted FFO of 31 cents/share as compared to 29 cents/share from a year earlier

** AKR reports Q3 revenue of $94.08 million vs. analysts' average estimate of $89.68 million- data compiled by LSEG

** As of last close, stock had fallen 7.4% YTD


(Reporting by Apratim Sarkar in Bengaluru)

((Apratim.Sarkar@thomsonreuters.com))

Recent news on Acadia Realty Trust

See all news