earnings
confidence high
sentiment positive
materiality 0.75
Acadia Realty Trust Q4 FFO Before Special Items $0.34/sh; SP NOI +6.3%; 2026 guidance $1.21-$1.25
ACADIA REALTY TRUST
2025-FY EPS
reported $0.10
vs consensus $0.09
▲ beat
(+16.4%)
- Q4 2025 GAAP net EPS $0.04; full year $0.10; NAREIT FFO $0.30/sh; FFO Before Special Items $0.34/sh ($47.2M).
- REIT Portfolio same-property NOI grew 6.3% in Q4 and 5.7% for full year 2025; occupancy 93.9%.
- Completed ~$487M of accretive REIT Portfolio and Investment Management acquisitions in 2025; ~$445M YTD 2026.
- New lease GAAP spreads of 60% and cash spreads of 27% in Q4, driven by street retail leasing.
- 2026 FFO As Adjusted guidance $1.21-$1.25/sh; same-property NOI growth expected 5-9%.