Agree Realty (ADC) Q2 FFO and Revenues Beat Estimates
ADCAgree Realty(ADC) ZACKS·2024-07-24 06:15

Agree Realty (ADC) came out with quarterly funds from operations (FFO) of 1.04pershare,beatingtheZacksConsensusEstimateof1.04 per share, beating the Zacks Consensus Estimate of 1.03 per share. This compares to FFO of 0.98pershareayearago.Thesefiguresareadjustedfornon−recurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof0.970.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 0.97%. A quarter ago, it was expected that this real estate investment trust would post FFO of 1.01 per share when it actually produced FFO of $1.03, delivering a surprise of 1.98%.Over the last four quarters ...