Benzinga | Jul 28, 2021 04:58PM EDT

Acadia Realty Trust Q2 FFO $0.31 Down From $0.49 YoY, Sales $74.66M Beat $52.42M Estimate

Acadia Realty Trust (NYSE:AKR) reported quarterly earnings of $0.31 per share. This is a 36.73 percent decrease over earnings of $0.49 per share from the same period last year. The company reported quarterly sales of $74.66 million which beat the analyst consensus estimate of $52.42 million by 42.43 percent. This is a 19.19 percent increase over sales of $62.64 million the same period last year.