earnings
confidence high
sentiment positive
materiality 0.75
Acadia Q1 FFO before special items $0.34, same-property NOI up 4.1%, raises FY guidance
ACADIA REALTY TRUST
2025-Q1 EPS reported
$0.01
revenue$104,394,000
- GAAP net earnings $0.01/share; FFO Before Special Items $0.34/share vs $0.33 prior year.
- Core same-property NOI growth 4.1% (street portfolio 6.8%); full-year 5-6% guidance reaffirmed.
- Completed $373M of accretive Core and Investment Management transactions YTD.
- SNO pipeline increased to $8.9M (~6% of ABR); GAAP/cash leasing spreads 71%/59% on new leases.
- Raised 2025 NAREIT FFO guidance to $1.22-$1.26 and FFO Before Special Items to $1.32-$1.39.