Acadia Realty Trust Q2 FFO $0.36 Up From $0.32 YoY, Sales $88.14M Beat $81.70M Estimate
Portfolio Pulse from bharat@benzinga.com
Acadia Realty Trust (NYSE:AKR) reported Q2 earnings of $0.36 per share, a 12.5% increase YoY. The company's quarterly sales were $88.14 million, beating the analyst consensus estimate of $81.70 million by 7.88%.
August 04, 2023 | 10:30 am
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Acadia Realty Trust reported a YoY increase in Q2 earnings and sales, beating estimates.
Acadia Realty Trust's Q2 earnings and sales have exceeded estimates, which is likely to positively impact investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100