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Agree Realty (ADC) Q1 FFO and Revenues Surpass Estimates
ADCAgree Realty(ADC) Zacks Investment Research·2024-04-23 22:36

Agree Realty (ADC) came out with quarterly funds from operations (FFO) of 1.03pershare,beatingtheZacksConsensusEstimateof1.03 per share, beating the Zacks Consensus Estimate of 1.01 per share. This compares to FFO of 0.98pershareayearago.Thesefiguresareadjustedfornonrecurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof1.980.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 1.98%. A quarter ago, it was expected that this real estate investment trust would post FFO of 1 per share when it actually produced FFO of $1, delivering no surprise.Over the last four quarters, the company ...