Acadia Realty Trust Reports Third Quarter 2020 Operating Results

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Acadia Realty Trust (AKR) Misses Q3 EPS by 10c, Revenues Miss

November 3, 2020 4:05 PM EST

Acadia Realty Trust (NYSE: AKR) reported Q3 EPS of ($0.10), $0.10 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $51.28 million versus the consensus estimate of $53.1 million.

With our significantly improving cash collections along with sustained operating performance, we are cautiously... More