Acadia Realty Q3 core FFO $0.28, net loss $0.61 on impairments; raises core FFO guidance

ACADIA REALTY TRUST

2022-Q3 EPS reported -$0.43 revenue$245,712,000

FFO Before Special Items per share $0.28, up from $0.27 YoY; NAREIT FFO $0.24 vs $0.41 due to Albertsons loss.
Core Portfolio same-property NOI grew 5.4% in Q3, 6.6% YTD, above initial 4-6% guidance.
Non-cash impairments of $58.5M ($0.58/share) on Chicago Magnificent Mile and San Francisco Union Square properties.
FY 2022 FFO Before Special Items guidance raised to $1.28-$1.30; net loss guidance ($0.19)-($0.14).
GAAP leasing spreads 27.4%, cash 21.2%; leased rate 94.3%; City Point ownership increased to 62%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.8

ACADIA REALTY TRUST reported the quarter and year-to-date period ended September 30, 2022 results: EPS net loss per share was $0.61 and for the nine months ended September 30, 2022, net loss per share was $0.43.

Period: the quarter and year-to-date period ended September 30, 2022
EPS: net loss per share was $0.61 and for the nine months ended September 30, 2022, net loss per share was $0.43
Result: reported results

Exact text from the filing

On November 1, 2022, Acadia Realty Trust (the “Company”) issued a press release announcing its consolidated financial results for the quarter and year-to-date period ended September 30, 2022.

View on SEC.gov

Browse all earnings releases →

ACADIA REALTY TRUST filing history →

Source: SEC EDGAR

accession 0000950170-22-022055

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.