Benzinga | Nov 3, 2020 04:02PM EST

Acadia Realty Trust Q3 FFO $0.20 Down From $0.34 YoY, Sales $51.28M Miss $53.10M Estimate

Acadia Realty Trust (NYSE:AKR) reported quarterly earnings of $0.20 per share. This is a 41.18 percent decrease over earnings of $0.34 per share from the same period last year. The company reported quarterly sales of $51.28 million which missed the analyst consensus estimate of $53.10 million by 3.43 percent. This is a 28.96 percent decrease over sales of $72.19 million the same period last year.