Acadia Reports Third-Quarter Results After About $119 Million in Retail Acquisitions
Key Facts
Acadia Realty Trust said it will report third-quarter 2026 results before the market opens on Monday, Nov. 2, with management scheduled to hold a conference call the same day at 11:00 a.m. Eastern time. The announcement follows operating updates issued during the quarter, including new acquisitions and additional leases in its street retail portfolio. In July, the company raised its annual earnings and adjusted FFO outlook, citing operating momentum. Its shares closed at $19.03 on Oct. 30, according to EL7 data. The new results are expected to show the portfolio’s performance during the quarter, while no confirmed third-quarter results figures are available in the information published here.
In the second quarter of 2026, Acadia reported diluted GAAP earnings of $0.05 per share, compared with $0.01 in the same period of 2025. Adjusted FFO was $0.31 per share, versus $0.28 a year earlier. Net same-store property income in the REIT portfolio also rose 8.7% during the quarter, the company said. Acadia attributed the increase to its street retail portfolio, where same-store property income grew 15.6%. CEO Kenneth Bernstein said in July that "this operating momentum gives us confidence to raise our annual outlook again."
In a September update, the company said it had completed about $119 million in street retail acquisitions during the third quarter through the date of the announcement, through its REIT portfolio. It added that it signed 12 new leases over the same period, representing about $4.8 million in annualized base rent on its share. These indicators provide operating context for the results due, alongside the growth in same-store property income the company reported for the second quarter. Acadia raised its 2026 outlook in July to net earnings of between $0.40 and $0.41 per share, and adjusted FFO of between $1.24 and $1.26 per share. The company is scheduled to report third-quarter results before the market opens on Nov. 2, then discuss them with investors on a call at 11:00 a.m. Eastern time.