Acadia Realty Trust reports results for the quarter ended March 31 - Earnings Summary
29/04/2025 23:31
Acadia Realty Trust AKR.N reported quarterly adjusted earnings of 1 cent per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of six analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 3 cents to 12 cents per share. Revenue rose 19.3% to $102.64 million from a year ago; analysts expected $84.85 million. Acadia Realty Trust's reported EPS for the quarter was 1 cent. The company reported quarterly net income of $1.61 million. Acadia Realty Trust shares had fallen by 5.5% this quarter and lost 18.1% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had risen by about 3.9% 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 $25.00 This summary was machine generated from LSEG data April 29 at 10:31 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 |
| Mar. 31 2025 | 0.32 | 0.34 | Beat |
| Dec. 31 2024 | 0.33 | 0.32 | Missed |
| Sep. 30 2024 | 0.32 | 0.32 | Met |
| Jun. 30 2024 | 0.31 | 0.31 | Met |