Acadia Realty Trust (NYSE:AKR) Q1 2024 Earnings Call Transcript April 30, 2024 Acadia Realty Trust isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Thank you for standing by, and welcome to Acadia Realty Trust First Quarter 2024 Earnings Conference Call. […]
Acadia Realty Trust (AKR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Recent unexpected strength in the March Consumer Price Index (CPI) and retail sales report shook the bond market this past week, triggering a sell-off in interest-rate sensitive stocks such as real estate investment trusts (REITs). The Vanguard Real Estate Index Fund ETF (NYSE:VNQ) sank 6.5% from $85.97 to $80.32 over the past four trading days as of April 17, 2024. REITs across several different sub-sectors, such as Prologis Inc. (NYSE:PLD), SL Green Realty Corp. (NYSE:SLG), Simon Property Grou