2023-05-02 16:29:05 ET
- Acadia Realty Trust press release ( NYSE: AKR ): Q1 FFO of $0.40 beats by $0.03 .
- Revenue of $81.84M (+0.4% Y/Y) beats by $6.83M .
- Guidance Update:
- Increased annual 2023 guidance as follows:
- Net earnings per share to $0.16 - $0.23 from $0.14 - $0.23
- NAREIT FFO per share to $1.19 - $1.26 from $1.17 - $1.26, vs. consensus of $1.22
- FFO Before Special Items per share to $1.19 - $1.26 from $1.17 - $1.26
- Increased annual 2023 guidance as follows:
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Acadia Realty Trust FFO of $0.40 beats by $0.03, revenue of $81.84M beats by $6.83M, increases guidance