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

Agree Realty logo
$70.17 +0.73 (+1.05%)
(As of 12/20/2024 05:15 PM ET)

Agree Realty Latest Earnings Summary

Actual EPS
(Oct. 22)
$0.42 Missed By -$0.61
Consensus EPS
(Oct. 22)
$1.03

Agree Realty announced Q3 2024 earnings on October 22, 2024, reporting an EPS of $0.42, which missed the consensus estimate of $1.03 by $0.61. Quarterly revenue rose 12.8% year-over-year to $154.33 million, above analyst estimates of $152.83 million. With a trailing EPS of $1.81 and a P/E Ratio of 38.77, Agree Realty's earnings are expected to grow 4.37% next year, from $4.12 to $4.30 per share.

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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

Agree Realty Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
10/22/2024Q3 2024$1.03$0.42 -$0.61$0.42$152.83M$154.33M
7/23/2024Q2 2024$1.03$0.52 -$0.51$0.52$150.35M$152.58M
5/5/2023Q1 2023$0.96$0.44 -$0.52$0.44$124.55M$126.62M

Agree Realty Earnings - Frequently Asked Questions

Agree Realty (NYSE:ADC) last announced its quarterly earning data on Tuesday, October 22, 2024. Learn more on ADC's earnings history.

Agree Realty issued an update on its FY 2024 earnings guidance on Tuesday, October, 22nd. The company provided earnings per share guidance of 4.120-4.140 for the period, compared to the consensus estimate of 4.110. The company issued revenue guidance of -.

In the previous quarter, Agree Realty (NYSE:ADC) missed the analysts' consensus estimate of $1.03 by $0.61 with a reported earnings per share (EPS) of $0.42. Learn more on analysts' earnings estimate vs. ADC's actual earnings.

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

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

Agree Realty (NYSE:ADC) has a recorded annual revenue of $600.53 million.

Agree Realty (NYSE:ADC) has a recorded net income of $169.96 million. ADC has generated $1.81 earnings per share over the last four quarters.

Agree Realty (NYSE:ADC) has a trailing price-to-earnings ratio of 38.77 and a forward price-to-earnings ratio of 17.03. The price/earnings-to-growth ratio is 3.66.

Agree Realty's earnings are expected to grow from $4.12 per share to $4.30 per share in the next year, which is a 4.37% increase.

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This page (NYSE:ADC) was last updated on 12/22/2024 by MarketBeat.com Staff
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