Acadia Realty Trust Faces Critical Earnings Test

Investors are closely watching Acadia Realty Trust as the retail-focused REIT prepares to release its third-quarter 2025 financial results after markets close on Tuesday. The upcoming earnings announcement has generated significant anticipation, with preliminary analyst forecasts from Friday setting expectations for the quarter.

Revenue Growth Contrasts with Profit Concerns

Market researchers project Acadia Realty will report revenue of $92.431 million for Q3 2025, representing a 5.3 percent increase year-over-year. However, this positive sales outlook is tempered by earnings concerns. According to LSEG data compiled from three analysts, the company is expected to post earnings of just $0.09 per share.

The focal point for REIT investors remains funds from operations (FFO), the key performance metric for real estate investment trusts. Several market experts anticipate FFO ranging between $0.32 and $0.34 per share. This reading will prove crucial in determining whether management can maintain its full-year FFO guidance of $1.32 to $1.39 per share.

Should investors sell immediately? Or is it worth buying Acadia Realty?

Management Commentary Takes Center Stage

Wednesday’s conference call with company leadership will provide critical context for the quarterly figures. Executives are scheduled to elaborate on the financial performance and deliver operational updates during this session. The previous quarterly report in July fell slightly short of expectations despite showing robust revenue growth of 15.3 percent.

Mixed Signals from Research Firms

Despite recent performance challenges, analyst sentiment remains generally positive. Five research firms maintain “Buy” or “Strong Buy” recommendations on Acadia Realty shares, while two others advise holding positions. Weiss Ratings recently reaffirmed its “Hold (C)” assessment of the company.

The consensus price target among analysts stands at $23.00, suggesting potential upside of approximately 13.5 percent from the recent closing price of $19.89. Currently trading well below its 52-week peak of $26.29 but above the low watermark of $16.98, the stock’s trajectory will largely depend on whether Acadia Realty can surpass expectations and generate renewed momentum in the coming days.