05:28 PM EST, 02/11/2025 (MT Newswires) -- Acadia Realty Trust ( AKR ) reported Q4 Adjusted funds from operations late Tuesday of $0.32 per diluted share, up from $0.28 per share a year earlier.

Analysts polled by FactSet expected AFFO of $0.28.

Total revenue for the quarter that ended Dec. 31 was $93.3 million, up from $85.5 million a year earlier.

Analysts surveyed by FactSet expected sales of $72.4 million.

For 2025, the company said it expects AFFO of $1.30 to $1.39. Analysts surveyed by FactSet expect an adjusted FFO of $1.13.

Acadia Realty Trust ( AKR ) increased its quarterly dividend by $0.01 to $0.20 per share, payable on April 15 to shareholders of record on March 31.

The shares of Acadia Realty ( AKR ) were down over 2% in after-hours trading.