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Agree Realty (ADC) Surpasses Q4 FFO and Revenue Estimates
ADC
Published: February 11, 2025 by: Zacks Investment Research
Sentiment: Positive
Published: February 11, 2025 by: Zacks Investment Research
Sentiment: Positive
Agree Realty (ADC) came out with quarterly funds from operations (FFO) of $1.04 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to FFO of $1 per share a year ago.
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About Agree Realty Corporation (ADC)
- IPO Date 1994-04-15
- Website https://www.agreerealty.com
- Industry REIT - Retail
- CEO Joel N. Agree
- Employees 75
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of September 30, 2020, the Company owned and operated a portfolio of 1,027 properties, located in 45 states and containing approximately 21.0 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol ADC.