Acadia Realty Trust reports results for the quarter ended in September - Earnings Summary

Acadia Realty Trust

01/11/2022 22:34

* Acadia Realty Trust  AKR.N  reported a quarterly adjusted
loss
of 61 cents​​ per share for the quarter ended in September. The
mean expectation of five analysts for the quarter was
for earnings of one cent per share.
    * Revenue rose 11.3% to $79.95 million from a year ago;
analysts
expected $69.63 million. 
    * Acadia Realty Trust's reported EPS for the quarter was a
loss
of 61 cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Acadia Realty Trust shares had risen by 10.7% this
quarter and
lost 36.0% so far this year.
    * The company reported a quarterly loss of $56.09 million.
    * Wall Street's median 12-month price target for Acadia
Realty
Trust is $17.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
1 at 10:34 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.27           0.28           Beat
 Jun. 30 2022      0.30           0.32           Beat
 Mar. 31 2022      0.30           0.33           Beat
 Dec. 31 2021      0.27           0.29           Beat