Earnings Outlook For Acadia Realty Trust

Acadia Realty Trust AKR is set to give its latest quarterly earnings report on Tuesday, 2023-02-14. Here's what investors need to know before the announcement.

Analysts estimate that Acadia Realty Trust will report an earnings per share (EPS) of $0.02.

Acadia Realty Trust bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at Acadia Realty Trust's past performance and the resulting price change:

Stock Performance

Shares of Acadia Realty Trust were trading at $15.0 as of February 10. Over the last 52-week period, shares are down 23.49%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Acadia Realty Trust visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.