Acadia Realty Trust Swings to Q3 Loss of $0.03 a Share Year Over Year
Bitget2026/11/02 13:06- Acadia Realty Trust swung to a third-quarter 2026 net loss of $0.03 per share from year-earlier earnings of $0.03.
- The decline primarily reflected an $11.7 million noncash impairment charge related to two properties being sold.
- Third-quarter total revenues fell 6% year over year to $94.98 million.
- During the quarter, Acadia completed approximately $152 million of street retail acquisitions within its REIT portfolio.
- Full-year 2026 net earnings guidance was cut to $0.29–$0.30 per share from $0.40–$0.41.
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