💨 Abstract

Acadia Realty Trust reported second-quarter funds from operations of $44.1 million, or 32 cents per share, missing analysts' expectations of 33 cents per share. The company's net income was $1.6 million, with revenue at $100.6 million. It forecasts full-year funds from operations between $1.32 and $1.39 per share.

Courtesy: WTOP Staff