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Acadia Realty Trust (AKR)
NYSE:AKR
Earnings Data
Report Date
Aug 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.08Last Year’s EPS
0.01Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: -1.38%
|Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Positive
The earnings call reflects strong internal growth driven by street retail and significant external growth through strategic acquisitions. Consumer spending remains resilient, supporting robust leasing activity. However, concerns about inflationary pressures, economic uncertainty, and market volatility impacting cost of capital are noted as potential headwinds. Challenges in suburban markets are also highlighted, but they are being addressed with re-leasing efforts.Company Guidance
During the Acadia Realty Trust First Quarter 2025 Earnings Conference Call, management provided guidance that highlighted continued momentum in both internal and external growth. Internally, the Street retail segment drove substantial growth with a 6.8% same-store growth rate. The company's leasing pipeline was robust, with over $6 million in additional leases in advanced stages and $9 million in annual base rent from the signed not-yet-open pipeline anticipated to commence in 2025. Externally, Acadia completed over $370 million in acquisitions year-to-date, with a focus on street retail properties. Management remains confident in achieving a 5% to 6% same-store NOI growth for the year and a 5% plus internal NOI growth in 2026. The company also highlighted strong tenant demand and resilient consumer spending, especially among affluent consumers, despite broader economic uncertainty.Strong Internal Growth Driven by Street Retail
Achieved 6.8% same-store growth from street retail portfolio. Leasing pipeline includes over $6 million in advanced stages of negotiation, with expectations to exceed last year’s record leasing volume of $12.5 million.
Significant External Growth and Acquisitions
Completed over $370 million of acquisitions year-to-date. Key acquisitions include street retail properties in Williamsburg, Brooklyn, and Flatiron/Union Square, Manhattan, contributing to strong FFO accretion.
Robust Leasing Activity and Resilient Consumer Spending
Signed new core leases totaling over $5 million in ABR. Consumer spending remains resilient, with double-digit sales growth in key street markets like SoHo and The Gold Coast.
Investment Management Platform Leverage
Closed over $800 million of acquisitions in the past 12 months. The platform is well-positioned to capitalize on dislocations in the market, with opportunities for high-teen returns.
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AKR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AKR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 29, 2025 | $19.54 | $19.10 | -2.25% |
| Feb 11, 2025 | $23.52 | $23.85 | +1.40% |
| Oct 28, 2024 | $23.59 | $24.17 | +2.46% |
| Jul 30, 2024 | $20.76 | $21.09 | +1.59% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Acadia Realty Trust (AKR) report earnings?
Acadia Realty Trust (AKR) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is Acadia Realty Trust (AKR) earnings time?
Acadia Realty Trust (AKR) earnings time is at Aug 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AKR EPS forecast?
AKR EPS forecast for the fiscal quarter 2025 (Q2) is 0.08.
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