Agree Realty Corp reports results for the quarter ended December 31 - Earnings Summary

Agree Realty

11/02/2025 22:45

* Agree Realty Corp  ADC.N  reported quarterly adjusted
earnings
of 41 cents​​ per share for the quarter ended December 31,
identical to the same quarter last year.  The mean expectation
of eight analysts for the quarter was for earnings of 43 cents
per share. Wall Street expected results to range from 39 cents
to 45 cents per share.
    * Revenue rose 11.5% to $160.73 million from a year ago;
analysts
expected $156.37 million. 
    * Agree Realty Corp's reported EPS for the quarter was 41
cents​.
    * The company reported quarterly net income of $43.38
million.
    * Agree Realty Corp shares had risen by 3.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the commercial
reits
peer group is also "buy"

Wall Street's median 12-month price target for Agree Realty Corp
is $79.50 
This summary was machine generated from LSEG data February 11 at
10:45 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.02           1.02           Met
 Sep. 30 2024      1.02           1.01           Missed
 Jun. 30 2024      1.01           1.03           Beat
 Mar. 31 2024      1.00           1.01           Beat