Acadia Realty Trust(US:AKR) ZACKS·2024-10-28 13:11Group 1 - Acadia Realty Trust reported quarterly funds from operations (FFO) of $0.32 per share, matching the Zacks Consensus Estimate and showing an increase from $0.27 per share a year ago [1] - The company posted revenues of $87.75 million for the quarter ended September 2024, exceeding the Zacks Consensus Estimate by 0.51% and up from $81.39 million year-over-year [2] - Acadia Realty Trust shares have increased approximately 41.3% since the beginning of the year, outperforming the S&P 500's gain of 21.8% [3] Group 2 - The future performance of Acadia Realty Trust's stock will largely depend on management's commentary during the earnings call and the company's FFO outlook [4][6] - The current consensus FFO estimate for the upcoming quarter is $0.33 on revenues of $91 million, and for the current fiscal year, it is $1.29 on revenues of $352.1 million [7] - The REIT and Equity Trust - Retail industry is currently ranked in the top 26% of over 250 Zacks industries, indicating a favorable outlook for the sector [8]