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AKR Acadia Realty Trust News Story

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Acadia Realty Trust reports results for the quarter ended December 31 - Earnings Summary

* Acadia Realty Trust  AKR.N  reported quarterly adjusted
earnings
of 8 cents​​ per share for the quarter ended December 31, higher
than the same quarter last year, when the company reported EPS
of -2 cents.  The mean expectation of five analysts for the
quarter was for earnings of 9 cents per share. Wall Street
expected results to range from 6 cents to 11 cents per share.
    * Revenue rose 8.8% to $91.58 million from a year ago;
analysts
expected $79.68 million. 
    * Acadia Realty Trust's reported EPS for the quarter was 7
cents​.
    * The company reported quarterly net income of $8.22
million.
    * Acadia Realty Trust shares had fallen by 3.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the commercial
reits
peer group is also "buy"

Wall Street's median 12-month price target for Acadia Realty
Trust is $27.00 
This summary was machine generated from LSEG data February 11 at
10:47 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.33           0.32           Missed
 Sep. 30 2024      0.32           0.32           Met
 Jun. 30 2024      0.31           0.31           Met
 Mar. 31 2024      0.30           0.33           Beat

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