Acadia Realty Trust expected to post earnings of 8 cents a share - Earnings Preview

Reuters
2024/10/25

* Acadia Realty Trust is expected to show a fall in quarterly revenue when it reports results on October 28 for the period ending January 1 0001

* The Rye New York-based company is expected to report a 7.4% decrease in revenue to $75.384 million from $81.39 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data. (Consensus is on Total property revenue basis)

* ​LSEG's mean analyst estimate for Acadia Realty Trust is for earnings of 8 cents per share.

* 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 mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Acadia Realty Trust is 24.00​, below​ its last closing price of $24.27. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 0.31 0.31 0.31 Met 0.3

Mar. 31 0001 0.30 0.30 0.33 Beat 9.1

Jan. 1 0001 0.28 0.28 0.28 Met -1.2​

Sep. 30 2023 0.27 0.27 0.27 Met -0.9

​​Jan. 0.28 0.28 0.36 Beat 28.1

1 0001

Mar. 31 2023 0.35 0.36 0.40 Beat 12.5​

Dec. 31 2022 0.26 0.26 0.27 Beat 4.4

Jan. 1 0001 0.27 0.27 0.28 Beat 2.7

This summary was machine generated October 25 at 13:12 GMT. 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)

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