Agree Realty Corporation reports results for the quarter ended September 30 - Earnings Summary

Agree Realty

20/10/2026 22:02

Agree Realty Corporation ADC.N reported quarterly adjusted earnings of 53 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 45 cents.  The mean expectation of ten analysts for the quarter was for earnings of 48 cents per share. Wall Street expected results to range from 46 cents to 53 cents per share.
Revenue rose 16.7% to $213.88 million from a year ago; analysts expected $208.96 million. 
Agree Realty Corporation's reported EPS for the quarter was 53 cents​.
The company reported quarterly net income of $66.49 million.
Agree Realty Corporation shares had fallen by 1.5% this quarter and lost 8.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.8% 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 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 Corporation is $82.00, about 18.2% above its last closing price of $67.08
This summary was machine generated from LSEG data October 20 at 09:01 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
Sep. 30 2026 
1.13
1.15
Beat
Jun. 30 2026 
1.13
1.13
Met
Mar. 31 2026 
1.11
1.13
Beat
Dec. 31 2025 
1.10
1.10
Met