earnings
confidence high
sentiment positive
materiality 0.75
Acadia Realty Q2 FFO As Adjusted $0.31, raises full-year guidance, same-property NOI up 8.7%
ACADIA REALTY TRUST
- Q2 GAAP EPS $0.05 (vs $0.01); FFO As Adjusted $0.31 (vs $0.28), beating prior year.
- REIT Portfolio same-property NOI grew 8.7% driven by street retail up 15.6%.
- Raised full-year 2026 guidance: GAAP EPS to $0.40-$0.41, FFO As Adjusted to $1.24-$1.26.
- Completed ~$652M year-to-date acquisitions, including $149M in Q2 REIT Portfolio.
- Raised ~$200M via common equity offering; extended credit facility to $1.425B.