earnings
confidence high
sentiment neutral
materiality 0.70
Acadia Q2 FFO before special items $0.32/shr; core occupancy 92.2%; $157M acquisitions
ACADIA REALTY TRUST
2025-Q2 EPS
reported $0.02
vs consensus $0.09
▼ miss
(-78.5%)
- GAAP net earnings $0.01/shr (flat YoY); NAREIT FFO rose to $0.27/shr from $0.25.
- Core Same Property NOI grew 4.2% in Q2; full-year guidance reaffirmed at 5-6%.
- Completed $157M of accretive Core Street Retail acquisitions; entered $250M term loan at ~4.6%.
- Core Portfolio occupancy up 50 bps to 92.2%; total signed not yet opened pipeline at ~7% of rent.
- Signed 35,000 sq ft lease with LA Fitness Club Studio in San Francisco; lease to commence late 2026.
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