Agree Realty Corp reports results for the quarter ended June 30 - Earnings Summary

Agree Realty

31/07/2025 22:50

Agree Realty Corp ADC.N reported quarterly adjusted earnings of 43 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 52 cents.  The mean expectation of eight analysts for the quarter was for earnings of 45 cents per share. Wall Street expected results to range from 44 cents to 47 cents per share.

Revenue rose 15% to $175.53 million from a year ago; analysts expected $171.00 million.

Agree Realty Corp's reported EPS for the quarter was 43 cents​.

The company reported quarterly net income of $47.34 million.

Agree Realty Corp shares had fallen by 0.6% this quarter and gained 3.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 7 "hold" and no "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 $82.00, about 12.6% above its last closing price of $71.70

This summary was machine generated from LSEG data July 31 at 09:50 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
Jun. 30 2025
1.05
1.05
Met
Mar. 31 2025
1.04
1.04
Met
Dec. 31 2024
1.02
1.02
Met
Sep. 30 2024
1.02
1.01
Missed