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

Acadia Realty Trust

30/10/2023 22:50

* Acadia Realty Trust  AKR.N  reported a quarterly adjusted
loss
of 2 cents​​ per share for the quarter ended in September. The
mean expectation of four analysts for the quarter was for a loss
of one cent per share.
    * Revenue rose 1.8% to $81.39 million from a year ago;
analysts
expected $71.84 million. 
    * Acadia Realty Trust's reported EPS for the quarter was a
loss
of 2 cents​.
    * 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. 
    * Acadia Realty Trust shares had fallen by 6.4% this
quarter.
    * The company reported a quarterly loss of $1.67 million.
    * Wall Street's median 12-month price target for Acadia
Realty
Trust is $16.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 30 at 10:50 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.27           0.27           Met
 Jun. 30 2023      0.28           0.36           Beat
 Mar. 31 2023      0.36           0.40           Beat
 Dec. 31 2022      0.26           0.27           Beat