AKR - Acadia Realty Trust FFO of $0.37 beats by $0.09 revenue of $89.95M beats by $13.98M
2023-08-01 16:37:22 ET
- Acadia Realty Trust press release ( NYSE: AKR ): Q2 FFO of $0.37 beats by $0.09 .
- Revenue of $89.95M (+6.8% Y/Y) beats by $13.98M .
- Shares +0.63% .
- Guidance Increase Update:
- Updated and increased its annual 2023 guidance to reflect $0.02 to $0.03 from continued strong leasing, better than anticipated collections and an incremental $0.05 from a one-time gain as follows:
- Net earnings per share increased to $0.25 to $0.33 from $0.16 to $0.23
- NAREIT FFO per share increased to $1.28 to $1.36 from $1.19 to $1.26, vs. consensus of $1.23
- FFO Before Special Items per share increased to $1.26 to $1.34 from $1.19 to $1.26
- Updated and increased its annual 2023 guidance to reflect $0.02 to $0.03 from continued strong leasing, better than anticipated collections and an incremental $0.05 from a one-time gain as follows:
For further details see:
Acadia Realty Trust FFO of $0.37 beats by $0.09, revenue of $89.95M beats by $13.98M