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

Agree Realty

31/07/2026 09:32

Agree Realty Corp ADC.N reported quarterly adjusted earnings of 44 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 43 cents.  The mean expectation of ten analysts for the quarter was for earnings of 47 cents per share. Wall Street expected results to range from 45 cents to 50 cents per share.
Revenue rose 16.8% to $205.10 million from a year ago; analysts expected $201.93 million. 
Agree Realty Corp's reported EPS for the quarter was 44 cents​.
The company reported quarterly net income of $52.79 million.
Agree Realty Corp shares had risen by 3.2% this quarter and gained 8.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.3% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 8 "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 $84.00, about 6.7% above its last closing price of $78.41
This summary was machine generated from LSEG data July 31 at 08:32 a.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 2026 
1.13
1.13
Met
Mar. 31 2026 
1.11
1.13
Beat
Dec. 31 2025 
1.10
1.10
Met
Sep. 30 2025 
1.07
1.09
Beat