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Acadia Realty Trust (AKR) Tops Q3 FFO by 11c; Guides Above for FY

October 27, 2009 5:20 PM EDT
AKR Hot Sheet
EPS Growth %: -36.4%

Financial Fact:
Interest income: 2.06M

Today's EPS Names:
VSNT, CIM, KH, More
Acadia Realty Trust (NYSE: AKR) reports Q3 FFO of $0.33, 11 cents better than the analyst estimate of $0.22. Revenue for the quarter was $39 million, which compares to the estimate of $28.10 million.

Earnings guidance increased for full-year 2009 for FFO to a range of $1.26 to $1.30 vs. consensus of $1.14)

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