Agree Realty (ADC) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Agree Realty (ADC) reported revenue of $160.73 million for Q4 2024, marking an 11.5% year-over-year increase and exceeding the Zacks Consensus Estimate of $159.53 million by 0.75% [1] - The company achieved an EPS of $1.04, up from $0.44 a year ago, and surpassed the consensus EPS estimate of $1.03 by 0.97% [1] Revenue Breakdown - Rental income was reported at $160.68 million, exceeding the average estimate of $156.28 million by analysts, reflecting an 11.5% year-over-year increase [4] - Other revenues amounted to $0.05 million, significantly higher than the estimated $0.02 million, representing a year-over-year change of 142.9% [4] - Rental income from operating cost reimbursement was $18.12 million, surpassing the average estimate of $16.35 million, with a year-over-year change of 19.6% [4] Stock Performance - Shares of Agree Realty have returned 4.7% over the past month, outperforming the Zacks S&P 500 composite's return of 4.2% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]