NYSE$AKR
Acadia Realty Trust · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Acadia Realty Trust reported operating results affected by the COVID-19 pandemic.
Acadia Realty Trust reported a GAAP loss per share of $(0.10) and FFO per share of $0.30 for Q1 2020, impacted by credit loss and straight-line rent reserves due to the COVID-19 pandemic. Same-property NOI decreased by -1.4% due to credit loss reserves. The company has suspended distributions on its common shares beginning in the second quarter of 2020.
- GAAP loss per share was $(0.10), inclusive of impairment charges on real property within the Funds of $0.14 per share.
- FFO per share was $0.30, including $0.04 of credit loss and straight-line rent reserves related to the COVID-19 Pandemic.
- Same-property NOI decreased by -1.4% primarily due to credit loss reserves associated with the COVID-19 Pandemic.
- The Board of Trustees has suspended distributions on its common shares and units beginning in the second quarter of 2020.
Headline financials
Revenue & EPS history
Acadia · Revenue · Quarterly
$71.4M
Forward guidance
Acadia withdrew its full-year 2020 guidance due to the economic uncertainty resulting from the COVID-19 Pandemic and is not providing updated 2020 guidance at this time.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2020
+0.1%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+2.0%
Avg return
30 days after
65%
42 / 65 earnings
Positive
+8.5%
Q4 2020
Best reaction
-8.1%
Q4 2010
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.0% | -0.2% | +4.4% | |
| Q4 2025 | -4.2% | -3.9% | -6.0% | |
| Q3 2025 | +0.3% | +2.2% | +7.6% | |
| Q1 2025 | -2.3% | -0.9% | -1.4% | |
| Q4 2024 | +1.4% | +0.5% | -10.2% | |
| Q3 2024 | +1.4% | +0.8% | +8.6% | |
| Q2 2024 | +5.2% | +4.4% | +9.1% | |
| Q1 2024 | -0.2% | -2.3% | -5.1% | |
| Q4 2023 | -2.3% | -0.9% | -4.2% | |
| Q3 2023 | +6.6% | +14.1% | +11.4% | |
| Q2 2023 | +1.7% | +2.4% | -5.2% | |
| Q1 2023 | -0.8% | -0.1% | -4.7% | |
| Q4 2022 | +1.4% | -2.9% | -11.9% | |
| Q3 2022 | -1.4% | +1.3% | +8.1% | |
| Q2 2022 | -4.5% | -5.2% | -7.6% | |
| Q1 2022 | -0.9% | -4.1% | -6.8% | |
| Q4 2021 | +7.1% | +1.2% | +5.4% | |
| Q3 2021 | -2.8% | -5.3% | -0.6% | |
| Q2 2021 | +0.7% | +0.0% | +1.8% | |
| Q1 2021 | +1.6% | +1.1% | +3.2% | |
| Q4 2020 | +8.5% | +16.9% | +37.7% | |
| Q3 2020 | +1.9% | -0.5% | +57.2% | |
| Q2 2020 | +0.2% | +4.6% | -0.9% | |
| Q1 2020 | -5.6% | +3.4% | +27.5% | |
| Q4 2019 | +0.9% | +2.2% | -23.2% | |
| Q3 2019 | -2.5% | -4.8% | -9.1% | |
| Q2 2019 | +3.9% | +3.3% | +2.8% | |
| Q1 2019 | +1.4% | +0.1% | +0.9% | |
| Q4 2018 | +0.1% | -1.1% | -6.8% | |
| Q3 2018 | +1.3% | +3.2% | +2.1% | |
| Q2 2018 | +1.4% | -1.8% | +6.7% | |
| Q1 2018 | +0.8% | +2.2% | +9.1% | |
| Q4 2017 | +2.6% | +9.0% | +4.8% | |
| Q3 2017 | -4.2% | -0.2% | -3.1% | |
| Q2 2017 | +3.5% | +4.1% | -0.3% | |
| Q1 2017 | -2.1% | -7.4% | -11.8% | |
| Q4 2016 | -3.4% | -2.3% | -4.9% | |
| Q3 2016 | -1.9% | -5.1% | -5.0% | |
| Q2 2016 | -1.2% | +1.4% | -1.2% | |
| Q1 2016 | +1.2% | — | — | |
| Q4 2015 | +0.2% | — | — | |
| Q3 2015 | -1.4% | — | — | |
| Q2 2015 | +0.5% | — | — | |
| Q1 2015 | -4.2% | — | — | |
| Q4 2014 | +0.4% | — | — | |
| Q3 2014 | +0.0% | — | — | |
| Q2 2014 | -0.3% | — | — | |
| Q1 2014 | +0.6% | — | — | |
| Q4 2013 | +1.1% | — | — | |
| Q3 2013 | +3.9% | — | — | |
| Q2 2013 | +0.7% | — | — | |
| Q1 2013 | +1.2% | — | — | |
| Q4 2012 | +1.4% | — | — | |
| Q3 2012 | +0.4% | — | — | |
| Q2 2012 | +0.0% | — | — | |
| Q1 2011 | -0.1% | — | — | |
| Q1 2012 | +1.0% | — | — | |
| Q1 2010 | +1.6% | — | — | |
| Q4 2009 | +1.6% | — | — | |
| Q4 2011 | +1.6% | — | — | |
| Q3 2010 | +3.1% | — | — | |
| Q3 2011 | +3.1% | — | — | |
| Q2 2010 | -8.1% | — | — | |
| Q2 2011 | -8.1% | — | — | |
| Q4 2010 | -8.1% | — | — |
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