Earnings Summary

Agree Realty Corp’s revenue jumped 12.81% since last year same period to $154.33Mn in the Q3 2024. On a quarterly growth basis, Agree Realty Corp has generated 1.15% jump in its revenue since last 3-months.

Agree Realty Corp’s net profit jumped 6.87% since last year same period to $44.38Mn in the Q3 2024. On a quarterly growth basis, Agree Realty Corp has generated -18.91% fall in its net profits since last 3-months.

Agree Realty Corp’s net profit margin fell -5.26% since last year same period to 28.75% in the Q3 2024. On a quarterly growth basis, Agree Realty Corp has generated -19.83% fall in its net profit margins since last 3-months.

Agree Realty Corp’s price-to-earnings ratio after this Q3 2024 earnings stands at 42.83.

Agree Realty Corp’s earning per share (EPS) estimates for the current quarter stand at 0.43 - a -2.27% fall from last quarter’s estimates.

Agree Realty Corp’s earning per share (EPS) estimates for the current year stand at 0.43.

Agree Realty Corp’s earning per share (EPS) jumped 13.51% since last year same period to 0.42 in the Q3 2024. This indicates that the Agree Realty Corp has generated 13.51% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Agree Realty Corp’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Agree Realty Corp’s return on equity (ROE) stands at 0.04.

Agree Realty Corp declared 0.75 dividend per share during the earnings announcement for Q3 2024.