India, Feb. 11 -- Acadia Realty Trust (AKR) Tuesday reported fourth-quarter net income of $8.2 million or $0.07 per share, compared to net loss of $1.6 million or $0.02 per share last year. NAREIT Funds From Operations for the quarter was $37.8 million, or $0.30 per share, compared to NAREIT FFO of $26.4 million or $0.26 per share last year. Funds From Operations before special items for the quarter was $40.5 million or $0.32 per share, compared to $28.4 million or $0.28 per share last year.
Looking forward to the full year 2025, the company expects net earnings per share of $0.22 to $0.27, and FFO before special items per share of $1.30 - $1.39.
The company has authorized a cash dividend of $0.20 per share for the first quarter of 2025. ...