AKR · Acadia Realty Trust reported Q3 2026 FFO As Adjusted of $0.31 per…

Acadia Realty Trust reported Q3 2026 FFO As Adjusted of $0.31 per share, up from $0.29 in Q3 2025, in line with the $0.31 consensus. Same-property NOI grew 10.2% year-over-year, driven by 15.2% growth in street retail. The company maintained its full-year FFO As Adjusted guidance of $1.24-$1.26 per share but revised net earnings per share guidance down to $0.29-$0.30 from $0.40-$0.41 due to an $11.7 million impairment charge on two properties being sold.

• FFO As Adjusted per diluted share was $0.31 for Q3 2026, up from $0.29 in Q3 2025, in line with the $0.31 consensus estimate.
• Same-property NOI increased 10.2% year-over-year in Q3 2026, with street retail up 15.2%.
• Full-year 2026 FFO As Adjusted guidance maintained at $1.24-$1.26 per share; net earnings guidance revised to $0.29-$0.30 from $0.40-$0.41 due to an $11.7 million impairment charge.
• REIT Portfolio NOI at pro-rata share was $46.6 million for Q3 2026, up from $39.2 million in Q3 2025.