Acadia Realty Trust Earnings: Your Sneak Peek to the Big Announcement
Acadia Realty Trust (NYSE:AKR) will report earnings after markets close on Tuesday, April 23rd. Acadia Realty Trust is a fully integrated and self-managed real estate investment trust. The trust specializes in the acquisition, redevelopment and operation of shopping centers which are anchored by grocery and value-oriented retail. Acadia is headquartered in White Plains, NY.
Here is your Cheat Sheet to Acadia Realty Trust Earnings:
Earnings Expectations: Analysts expect earnings of $0.29 per share on revenues of $27.36 million. Currently, the company’s P/E ratio stands at 32.96.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.31 and has not changed. For the current year, the average estimate is a profit of $1.23, which is worse than the estimate ninety days ago.
Here’s how Acadia Realty Trust has been performing on an annual basis:
|Revenue ($) in millions||133.57||134.44||116.39||115.08||134.42|
|Diluted EPS ($)|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||4.23||39.63||42.43||44.14||8.23|
|Diluted EPS ($)||0.18||0.09||0.15||0.16||0.45|
Acadia Realty Trust has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)