Earnings call transcript: Acadia Realty Trust beats revenue in Q2 2026

Acadia Realty Trust reported Q2 2026 revenue of $95.42 million, exceeding analyst expectations of $88.68 million, driven by strong performance in its street-retail portfolio. The company achieved record leasing activity, raised its full-year FFO guidance for the second consecutive quarter to 10% year-over-year growth, and highlighted the benefits of its direct-to-consumer (DTC) retail strategy in urban corridors. Acadia also emphasized its strategy of building scale in key corridors and the significant embedded mark-to-market upside in its street retail properties.