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AKR Acadia Realty Trust News Story

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Acadia Realty Trust reports results for the quarter ended June 30 - Earnings Summary

Acadia Realty Trust AKR.N reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended June 30, identical to the same quarter last year.  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 13 cents per share.

Revenue rose 14.8% to $98.30 million from a year ago; analysts expected $89.88 million.

Acadia Realty Trust's reported EPS for the quarter was 1 cent​.

The company reported quarterly net income of $1.96 million.

Acadia Realty Trust shares had risen by 0.2% this quarter and lost 23.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.2% 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 4 "strong buy" or "buy," 3 "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 $23.00, about 16.8% above its last closing price of $19.13

This summary was machine generated from LSEG data July 29 at 09:45 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.320.32Met
Mar. 31 20250.320.34Beat
Dec. 31 20240.330.32Missed
Sep. 30 20240.320.32Met

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