BUSINESSWTOP DC
Acadia Realty Trust: Q2 Earnings Snapshot
Acadia Realty Trust reported Q2 funds from operations of $44.7 million (31 cents per share) and net income of $6.8 million (5 cents per share). The company generated $95.4 million in revenue and expects full-year funds from operations between $1.24 and $1.26 per share. Shares have risen 8% year-to-date and 19% over the past 12 months.
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