Agree Realty Q3 2024 FFO $1.03 Beats $1.02 Estimate, Sales $154.33M Beat $150.81M Estimate
Portfolio Pulse from Benzinga Newsdesk
Agree Realty (NYSE:ADC) reported Q3 2024 earnings of $1.03 per share, surpassing the consensus estimate of $1.02. Sales reached $154.33 million, exceeding the expected $150.81 million and marking a 12.81% increase from the previous year.
October 22, 2024 | 8:11 pm
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Agree Realty's Q3 2024 earnings and sales exceeded analyst expectations, with a notable 12.81% year-over-year sales increase, indicating strong performance.
Agree Realty's earnings per share and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The significant year-over-year sales growth further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100