Acadia Realty Trust (AKR) Tops Q1 EPS by 17c
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Acadia Realty Trust Reports First Quarter 2026 Operating Results
April 28, 2026 4:15 PM EDTKey Highlights for the first quarter ended March 31, 2026 include:
First quarter GAAP net earnings of $0.22 per share (compared to $0.01 in first quarter 2025) and FFO As Adjusted of $0.30 per share, up 11% from the prior-year quarter First quarter REIT Portfolio same-property NOI increased 5.9% and reaffirmed 5-9% annual guidance Delivered REIT Portfolio GAAP and cash leasing spreads on new leases of 50% and 31%, respectively Increased SNO Pipeline to $10.5 million (from $8.9 million at December 31, 2025) Increased REIT Portfolio economic occupancy by 20 basis points to 94.1% during the first quarter driven by the street and urban... More