Get ready to mark your calendars because the much anticipated third quarter financial results of Acadia Realty Trust (NYSE: AKR) are set to be unveiled on Monday 28th October 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled before market open.
Based on the predictions of financial experts on Wall Street, the firm is expected to reveal an anticipated $0.32 profit per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $75.38 million for the quarter.
The company's earnings report from the corresponding quarter of the previous year demonstrated a per-share income of $0.27. Additionally, the company achieved a total revenue of $79.96 million during that specific period.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $310.9 million for the full year. Moreover, they anticipate the earnings per share to reach profit of $0.21 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.31 | -13.9% | 85.63 M | -2.9% |
| Q1 2024 | $0.33 | -17.5% | 86.04 M | +6.6% |
| Q4 2023 | $0.28 | +3.7% | 84.21 M | +6.1% |
| Q3 2023 | $0.27 | -3.6% | 79.96 M | +1.9% |
| Q2 2023 | $0.36 | +12.5% | 88.14 M | +9.4% |
| *Growth on year-over-year basis | ||||
AKR will host a conference call with investment community on 28th October 2024 at 11:00 AM eastern time to discuss the financial results.
Acadia Realty Trust (AKR) shares traded as low as $24.20 and as high as $24.48 on a day volume of 525.90 thousand shares, closed Thursday's regular trading session at $24.27, decrease of 0.29 percent.
