Acadia Realty Trust (AKR) reported on Monday a decline in its Funds from Operations for first-quarter to $30.9 million or $0.28 per share from last year's $40.7 million or $0.40 per share.
FFO before special items stood at $37 million or $0.33 per share compared to $40.7 million or $0.40 per share in year-ago quarter.
Profit declines to $3.27 million or $0.03 per share from $13.4 million or $0.14 per share in prior year.
Analysts, on average, polled by Thomson Reuters estimated earnings of $0.06 per share for the quarter.
Revenue increased to $91.3 million from $81.8 million in previous year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.