Acadia Realty Trust (AKR) Tuesday reported fourth-quarter net income of $8.2 million or $0.07 per share, compared to net loss of $1.6 million or $0.02 per share last year. NAREIT Funds From Operations for the quarter was $37.8 million, or $0.30 per share, compared to NAREIT FFO of $26.4 million or $0.26 per share last year. Funds From Operations before special items for the quarter was $40.5 million or $0.32 per share, compared to $28.4 million or $0.28 per share last year.
Looking forward to the full year 2025, the company expects net earnings per share of $0.22 to $0.27, and FFO before special items per share of $1.30 - $1.39.
The company has authorized a cash dividend of $0.20 per share for the first quarter of 2025. The 5.3% increase from the prior quarterly dividend was driven by the Company's continued internal and external growth. The quarterly dividend is payable on April 15, 2025 to holders of record as of March 31, 2025.
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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.