earnings
confidence high
sentiment positive
materiality 0.70
Acadia Q4 FFO $0.32; dividend +5.3% to $0.20; 2025 FFO guidance $1.30-$1.39
ACADIA REALTY TRUST
2024-FY EPS reported
$0.19
revenue$359,689,000
- Q4 GAAP net earnings $0.07/share; FFO Before Special Items $0.32/share vs $0.28 YoY.
- Core Same-Property NOI grew 5.7% for Q4 and full year 2024, at high end of guidance.
- Completed ~$611M of Core & Investment Management acquisitions (SoHo, Georgetown, Williamsburg).
- Quarterly dividend raised 5.3% to $0.20/share for Q1 2025; payable April 15, 2025.
- 2025 guidance: FFO Before Special Items $1.30-$1.39; same-property NOI growth 5-6%.