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Agree Realty (ADC)
NYSE:ADC
US Market
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Agree Realty (ADC) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 17, 2026
After Close (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
0.46
Last Year’s EPS
0.41
Same Quarter Last Year
Based on 13 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Oct 21, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
The earnings call highlights Agree Realty Corporation's strong investment volume, robust financial performance, and significant achievements such as receiving an A- credit rating. While there are some concerns regarding credit loss assumptions and minimal dilution impacts, the positive aspects of the call strongly outweigh the negative, indicating a solid position and positive outlook for the company.
Company Guidance
During Agree Realty Corporation's third quarter 2025 earnings call, the company reported robust investment activity and provided updated guidance for the year. They increased their full-year 2025 investment guidance to $1.5 to $1.65 billion, representing over a 65% increase from the previous year. The company also raised its AFFO per share guidance to $4.31 to $4.33, indicating a 4.4% year-over-year growth. In Q3, Agree Realty invested over $450 million in 110 retail net lease properties with a cap rate of 7.2% and a lease term averaging 10.7 years. Notably, 70% of the annualized base rent acquired was from investment-grade retailers. Additionally, they enhanced their financial standing with an A- issuer rating from Fitch Ratings and maintained a strong liquidity position of $1.9 billion. Despite market fluctuations, cap rates were stable, and the company maintained a high occupancy rate of 99.7% across its 2,600-property portfolio.
Record Investment Volume
Agree Realty Corporation achieved its largest quarterly investment volume since COVID, deploying over $450 million across all platforms. The full-year 2025 investment guidance has been increased to a range of $1.5 to $1.65 billion, representing an increase of over 65% above last year's investment volume.
Strong Financial Performance
Core FFO per share for the third quarter was $1.09, an 8.4% increase from the same period last year. AFFO per share increased 7.2% year-over-year to $1.11, which is $0.02 above consensus.
A- Credit Rating Achievement
The company received an A- issuer rating from Fitch Ratings, making it one of only 13 publicly listed U.S. REITs with an A- credit rating or better, which reduced the interest rate on its 2029 term loan by five basis points.
High Occupancy and Investment-Grade Exposure
Occupancy for the quarter remained very strong at 99.7%, and investment-grade exposure remained sector-leading at 67%.

Agree Realty (ADC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

ADC Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Feb 17, 2026
2025 (Q4)
0.46 / -
0.41
Oct 21, 2025
2025 (Q3)
0.45 / 0.45
0.427.14% (+0.03)
Jun 30, 2025
2025 (Q2)
0.45 / 0.43
0.52-17.31% (-0.09)
Apr 22, 2025
2025 (Q1)
0.42 / 0.42
0.43-2.33% (-0.01)
Feb 11, 2025
2024 (Q4)
0.43 / 0.41
0.44-6.82% (-0.03)
Oct 22, 2024
2024 (Q3)
0.43 / 0.42
0.412.44% (+0.01)
Jul 23, 2024
2024 (Q2)
0.44 / 0.52
0.4223.81% (+0.10)
Apr 23, 2024
2024 (Q1)
0.45 / 0.43
0.44-2.27% (-0.01)
Feb 13, 2024
2023 (Q4)
0.45 / 0.44
0.440.00% (0.00)
Oct 24, 2023
2023 (Q3)
0.42 / 0.41
0.46-10.87% (-0.05)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

ADC Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 21, 2025
$75.00
Jun 30, 2025
$72.28$72.05-0.32%
Apr 22, 2025
$77.48$75.62-2.40%
Feb 11, 2025
$70.61$69.45-1.64%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Agree Realty (ADC) report earnings?
Agree Realty (ADC) is schdueled to report earning on Feb 17, 2026, After Close (Confirmed).
    What is Agree Realty (ADC) earnings time?
    Agree Realty (ADC) earnings time is at Feb 17, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is ADC EPS forecast?
          ADC EPS forecast for the fiscal quarter 2025 (Q4) is 0.46.
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