Acadia Realty Trust (AKR) Tops Q2 EPS by 9c

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Acadia Realty Trust Reports Second Quarter Operating Results

August 1, 2023 4:15 PM EDT

RYE, N.Y.--(BUSINESS WIRE)-- Acadia Realty Trust (NYSE: AKR) (Acadia or the Company) today reported operating results for the quarter ended June 30, 2023. For the quarter ended June 30, 2023, net earnings per share was $0.09. and for the six months ended June 30, 2023, net earnings per share was $0.23. All per share amounts are on a fully-diluted basis, where applicable. Acadia operates dual platforms, comprised of a high-quality core real estate portfolio (Core Portfolio), through which the Company owns and operates retail assets in the nations most dynamic corridors, and a series of discretionary, institutional funds (Funds) that target... More