Core Insights - Agree Realty (ADC) reported a revenue of $183.22 million for the quarter ended September 2025, marking an 18.7% year-over-year increase and exceeding the Zacks Consensus Estimate of $179.46 million by 2.1% [1] - The company achieved an EPS of $1.10, compared to $0.42 a year ago, with a surprise of 1.85% over the consensus estimate of $1.08 [1] Revenue Performance - Rental income was reported at $183.19 million, surpassing the average estimate of $171.45 million from two analysts, reflecting an 18.7% year-over-year increase [4] - Operating cost reimbursement revenue was $19.84 million, exceeding the estimated $18.2 million, and showing a 23.2% increase compared to the previous year [4] Earnings Metrics - Net Earnings Per Share (Diluted) was reported at $0.45, matching the average estimate from four analysts [4] - The stock has returned +6.9% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change, indicating strong market performance [3]

Group 1 - Agree Realty (ADC) reported revenue of $175.53 million for the quarter ended June 2025, a year-over-year increase of 15.1% [1] - The earnings per share (EPS) for the same period was $1.06, compared to $0.52 a year ago, with no EPS surprise as the consensus estimate was also $1.06 [1][4] - The reported revenue exceeded the Zacks Consensus Estimate of $173.71 million by 1.05% [1] Group 2 - Rental income was reported at $175.4 million, surpassing the three-analyst average estimate of $169.93 million, reflecting a year-over-year change of +15.1% [4] - Operating cost reimbursement revenue was $19.38 million, exceeding the average estimate of $17.9 million based on two analysts, representing a year-over-year increase of 21.6% [4] - Other revenues were reported at $0.13 million, slightly above the estimated $0.1 million, but showed a year-over-year decline of 13.9% [4] Group 3 - Shares of Agree Realty have returned +1.2% over the past month, compared to the Zacks S&P 500 composite's +2.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]