Acadia Realty Trust (AKR) Matches Q3 FFO Estimates

Acadia Realty Trust (AKR) came out with quarterly funds from operations (FFO) of $0.33 per share, in line with the Zacks Consensus Estimate . This compares to FFO of $0.32 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 $0.33 per share when it actually produced FFO of $0.32, delivering a surprise of -3.03%.Over the last four quarters, the company has surpassed consensus FFO estimates just once.A ...