Agree Realty Corporation Reports Second Quarter 2019 Results

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Go back to Agree Realty Corporation Reports Second Quarter 2019 Results

Agree Realty (ADC) Tops Q2 EPS by 4c

July 22, 2019 4:10 PM EDT

Agree Realty (NYSE: ADC) reported Q2 EPS of $0.45, $0.04 better than the analyst estimate of $0.41.

Second Quarter 2019 Financial and Operating Highlights:

Invested $182.6 million in 37 retail net lease propertiesNet Income per share attributable to the Company increased 9.2% to $0.45Net Income attributable to the Company increased 43.7% to $18.6 millionIncreased Core Funds from Operations ("Core FFO") per share 5.5% to $0.75Increased Core FFO 38.6% to... More