Free Trial

Agree Realty (ADC) Earnings Date, Estimates & Call Transcripts

$75.04
+0.14 (+0.19%)
(As of 09/6/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Oct. 22Estimated
Actual EPS
(Jul. 23)
$0.52 Missed By -$0.51
Consensus EPS
(Jul. 23)
$1.03
Skip Charts & View Estimated and Actual Earnings Data

ADC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

ADC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Agree Realty Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$1.00$1.01$1.01 
Q2 20243$1.01$1.04$1.03 
Q3 20243$1.03$1.04$1.04 
Q4 20242$1.04$1.07$1.06 
FY 202410$4.08$4.16$4.12 
Q1 20252$1.04$1.05$1.05 
Q2 20251$1.07$1.07$1.07 
Q3 20251$1.08$1.08$1.08 
Q4 20251$1.09$1.09$1.09 
FY 20255$4.28$4.29 $4.29

ADC Earnings Date and Information

Agree Realty last released its quarterly earnings data on July 23rd, 2024. The real estate investment trust reported $0.52 EPS for the quarter, missing analysts' consensus estimates of $1.03 by $0.51. The company earned $152.58 million during the quarter, compared to analyst estimates of $150.35 million. Its revenue was up 17.5% on a year-over-year basis. Agree Realty has generated $1.70 earnings per share over the last year ($1.70 diluted earnings per share) and currently has a price-to-earnings ratio of 44.1. Earnings for Agree Realty are expected to grow by 3.40% in the coming year, from $4.12 to $4.26 per share. Agree Realty has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, October 22nd, 2024 based off prior year's report dates.

Agree Realty Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
10/22/2024
(Estimated)
------- 
7/23/2024Q2 2024$1.03$0.52($0.51)$0.52$150.35 million$152.58 million        
5/5/2023Q1 2023$0.96$0.44($0.52)$0.44$124.55 million$126.62 million        
8/2/2022Q2$0.45$0.45----        
5/3/2022Q1 2022$0.45$0.48+$0.03---      
2/21/2022Q4 2021$0.47$0.44($0.03)---        
11/1/2021Q3 2021$0.46$0.52+$0.06$0.52--      
7/25/2021Q2 2021$0.46$0.34($0.12)$0.34--      
5/2/2021Q1 2021$0.83$0.48($0.35)$0.48--    
2/17/2021Q4 2020$0.83$0.42($0.41)$0.42--    
10/19/2020Q3 2020$0.79$0.39($0.40)$0.39--    
7/20/2020Q2 2020$0.72$0.47($0.25)$0.47$55.23 million$57.54 million    
4/20/2020Q1 2020$0.80$0.46($0.34)$0.46$54.29 million$55.81 million    
2/20/2020Q4$0.80$0.60($0.20)$0.68$50.88 million$52.14 million    
10/21/2019Q3$0.42$0.48+$0.06$0.49$47.28 million$48.08 million    

Agree Realty Earnings - Frequently Asked Questions

When is Agree Realty's earnings date?

Agree Realty has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, October 22nd, 2024 based off last year's report dates. Learn more on ADC's earnings history.

What guidance has Agree Realty issued on next quarter's earnings?

Agree Realty issued an update on its FY 2024 earnings guidance on Tuesday, July, 23rd. The company provided earnings per share (EPS) guidance of 4.110-4.140 for the period, compared to the consensus EPS estimate of 4.080. The company issued revenue guidance of -.

Did Agree Realty beat their earnings estimates last quarter?

In the previous quarter, Agree Realty (NYSE:ADC) missed the analysts' consensus estimate of $1.03 by $0.51 with a reported earnings per share (EPS) of $0.52. Learn more on analysts' earnings estimate vs. ADC's actual earnings.

How can I listen to Agree Realty's earnings conference call?

The conference call for Agree Realty's latest earnings report can be listened to online. Listen to Conference Call

How can I read Agree Realty's conference call transcript?

The conference call transcript for Agree Realty's latest earnings report can be read online. Read Transcript

How much revenue does Agree Realty generate each year?

Agree Realty (NYSE:ADC) has a recorded annual revenue of $583.01 million.

How much profit does Agree Realty generate each year?

Agree Realty (NYSE:ADC) has a recorded net income of $169.96 million. ADC has generated $1.70 earnings per share over the last four quarters.

What is Agree Realty's price-to-earnings ratio?

Agree Realty (NYSE:ADC) has a trailing price-to-earnings ratio of 44.14 and a forward price-to-earnings ratio of 18.21. The price/earnings-to-growth ratio is 2.44.

What is Agree Realty's EPS forecast for next year?

Agree Realty's earnings are expected to grow from $4.12 per share to $4.26 per share in the next year, which is a 3.40% increase.


More Earnings Resources from MarketBeat

This page (NYSE:ADC) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners