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via finance.yahoo.comMarkets

Agree Realty (ADC) beats Q3 FFO and revenue estimates

FROM THE WIRE · FINANCE.YAHOO.COM

Agree Realty (ADC) came out with quarterly funds from operations (FFO) of $1.15 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to FFO of $1.1 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishBeating FFO and revenue estimates is a positive signal for this retail REIT's shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Quarterly FFO was $1.15 per share, versus a Zacks consensus estimate of $1.14.
  2. 02Revenue was $213.88 million, beating the consensus estimate by 1.33%.
  3. 03FFO was $1.10 per share a year ago.
  4. 04The company has beaten consensus FFO estimates four times over the last four quarters.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Agree Realty CorporationADCStock67.08 USDMarket closedtoday +1.91%Positive Simon Property Group, Inc.SPGStock206.99 USDMarket closedtoday +2.22%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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