Agree Realty Corporation Reports Record Second Quarter 2020 Results

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Agree Realty (ADC) Tops Q2 EPS by 8c

July 20, 2020 4:10 PM EDT

Agree Realty (NYSE: ADC) reported Q2 EPS of $0.47, $0.08 better than the analyst estimate of $0.39.

Second Quarter 2020 Financial and Operating Highlights:

Invested a record $275.6 million in 78 retail net lease propertiesNet Income per share attributable to the Company increased 4.7% to $0.47Net Income attributable to the Company increased 36.1% to $25.3 millionIncreased Core Funds from Operations ("Core FFO") per share 2.1% to $0.76Increased... More