Agree Realty Corporation Reports Second Quarter 2016 Results

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Agree Realty (ADC) Reports In-Line Q2 AFFO

July 25, 2016 4:03 PM EDT

Agree Realty (NYSE: ADC) reported Q2 AFFO of $0.61, in-line with the analyst estimate of $0.61. Revenue for the quarter came in at $21.84 million versus the consensus estimate of $21.34 million.

Highlights

Raised approximately $110.1 million in net proceeds from the issuance of 2.9 million common sharesIncreased Net... More