earnings
confidence high
sentiment positive
materiality 0.80
Acadia Q1 FFO As Adj $0.30 (+11% YoY); same-property NOI +5.9%; raises 2026 guidance
ACADIA REALTY TRUST
2026-Q1 EPS
reported $0.22
vs consensus $0.05
▲ beat
(+335.6%)
- Q1 GAAP EPS $0.22 (vs $0.01 YoY); FFO As Adj $0.30, up 11% from $0.27.
- Same-property NOI grew 5.9%; REIT Portfolio occupancy 94.1% (+20bps).
- Completed ~$503M acquisitions ($79M REIT, $424M IM) and ~$504M recapitalizations.
- Raised 2026 EPS guidance to $0.37-$0.39 (from $0.24-$0.26) and FFO As Adj to $1.22-$1.26.
- Subsequent: $109M Newbury St acquisition; upsized credit facility to $1.425B.