Acadia Realty Trust reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 79.96 million compared to USD 78.45 million a year ago. Revenue was USD 81.39 million compared to USD 79.95 million a year ago. Net loss was USD 1.43 million compared to USD 55.89 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.59 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to USD 0.61 a year ago.
For the nine months, sales was USD 248.84 million compared to USD 238.48 million a year ago. Revenue was USD 253.18 million compared to USD 245.71 million a year ago. Net income was USD 21.21 million compared to net loss of USD 39.43 million a year ago. Basic earnings per share from continuing operations was USD 0.21 compared to basic loss per share from continuing operations of USD 0.42 a year ago. Diluted earnings per share from continuing operations was USD 0.21 compared to diluted loss per share from continuing operations of USD 0.43 a year ago.