Agree Realty Corp expected to post earnings of 43 cents a share - Earnings Preview

Agree Realty

07/02/2025 21:07

* Agree Realty Corp  ADC.N   ADC  is expected to show a rise
in
quarterly revenue when it reports  results on February 11 for
the period ending December 31 2024
    * The Royal Oak Michigan-based  company is expected to
report a
8.5% increase in revenue to $156.368 million from $144.17
million a year ago, according to the mean estimate from 15
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Agree Realty Corp is for
earnings of 43 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Agree
Realty Corp
is $79.50​, above​ its last closing price of $73.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  1.02        1.02       1.01      Missed  -1.3
 Jun. 30 2024  1.02        1.01       1.03      Beat    1.9
 Mar. 31 2024  1.00        1.00       1.01      Beat    1.1​
 Dec. 31 2023  1.00        1.00       0.99      Missed  -0.5
 ​​Sep.        0.99        0.99       0.99      Met     0.2
 30 2023                                                
 Jun. 30 2023  0.98        0.98       0.98      Met     0.1​
 Mar. 31 2023  0.96        0.96       0.98      Beat    1.7
 Dec. 31 2022  0.94        0.94       0.96      Beat    1.7
 This summary was machine generated February 7 at 21:07 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)