Acadia Realty Trust (AKR) Q3 FFO Meet Estimates

Acadia Realty Trust (AKR) came out with quarterly funds from operations (FFO) of $0.32 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.27 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.31 per share when it actually produced FFO of $0.31, delivering no surprise. Over the last four quarters, the company has surpassed consensus FFO estimates just once. Acadia Re ...