|ACADIA REALTY TRUST filed this Form 8-K on 02/19/2019|
The following guidance is based upon our current view of existing market conditions and assumptions for the year ending December 31, 2019. The Company forecasts that its 2019 annual earnings per share will range from $0.35 to $0.46 and 2019 FFO per share will range from $1.34 to $1.46. These forecasts, and the comparable 2018 FFO, both presented below, are before acquisition and gains/losses on sale or impairment of depreciated and non-operating assets:
The Company is projecting same property net operating income growth (excluding redevelopment) of 3.0% to 4.0% for 2019. This growth is comprised of 5% to 7% within its street/urban portfolio and 0% to 1% within its suburban portfolio.
Please refer to the Company’s fourth quarter 2018 supplemental information package for additional details.
Management will conduct a conference call on Thursday, February 14, 2019 at 12:00 PM ET to review the Company’s earnings and operating results. Dial-in and webcast information is listed below.
Live Conference Call:
Date: Thursday, February 14, 2019
Time: 12:00 PM ET
Passcode: “Acadia Realty” or “6289135”
Webcast (Listen-only): www.acadiarealty.com under Investors, Presentations & Events
Available Through: Thursday, February 21, 2019
Webcast Replay: www.acadiarealty.com under Investors, Presentations & Events