Agree Realty Q2 AFFO $0.98 Up From $0.97 YoY, Sales $129.90M Miss $130.64M Estimate
Portfolio Pulse from Benzinga Newsdesk
Agree Realty reported Q2 AFFO of $0.98, a slight increase from $0.97 YoY. However, sales of $129.90M missed the estimate of $130.64M.
August 04, 2023 | 10:33 am
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NEUTRAL IMPACT
Agree Realty's Q2 earnings show a slight increase in AFFO but a miss on sales estimates.
Agree Realty's Q2 earnings report shows a mixed picture. While the AFFO has increased slightly YoY, the company missed sales estimates. This could lead to a neutral short-term impact on the stock as the positive and negative aspects of the report may balance each other out.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100