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Stock impact report

Acadia Realty Trust Reports First Quarter Operating Results

Acadia Realty Trust (AKR) 
Last acadia realty trust earnings: 2/12 04:15 pm Check Earnings Report
US:NYSE Investor Relations: acadiarealty.com/investors
Company Research Source: Business Wire
GAAP Net Earnings of $0.03FFO Before Special Items of $0.33Same-Property NOI Growth of 5.7% Driven by the Street PortfolioStreet Rent Spreads of 37% (16% Overall Core Portfolio) RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended March 31, 2024. For the quarter ended March 31, 2024, net earnings per share was $0.03. All per share amounts are on a fully-diluted basis, where applicable. Acadia operates a high-quality core real estate portfolio ("Core" or "Core Portfolio"), in the nation's most dynamic retail corridors, along with a fund business ("Funds") that targets opportunistic and value-add investments.Kenneth F. Bernstein, President and CEO of Acadia Realty Trust, commented:“Once again, we delivered same-property NOI growth in excess of 5% which we have achieved for the past twelve quarters. With the ongoing rebound playing out in the nation's must-have street retail corridors, we are wel Show less Read more
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