Agree Realty (NYSE: ADC) reported Q4 EPS of $0.00, $0.37 worse than the analyst estimate of $0.37.

• Invested $262.8 million in 139 retail net lease properties
• Completed a sale-leaseback transaction with Sherwin-Williams totaling approximately $142 million
• Commenced three development and PCS projects
• Increased rental revenue 27.1% to $36.4 million
• Net Income per share attributable to the Company decreased 32.5% to $0.37
• Net Income attributable to the Company decreased 19.9% to $13.2 million
• Increased FFO per share 1.2% to $0.72
• Increased FFO 20.0% to $25.6 million
• Increased AFFO per share 2.2% to $0.71
• Increased AFFO 21.2% to $25.4 million
• Declared a quarterly dividend of $0.555 per share, a 6.7% year-over-year increase
• Closed $100.0 million seven-year unsecured term loan at an interest rate of 4.26%
• Raised $181.2 million in gross proceeds from the issuance of 3.1 million common shares

For earnings history and earnings-related data on Agree Realty (ADC) click here.