Agree Realty Posts Q1 Earnings Beat, Raises Full-Year Acquisition Guidance To $1.1B-$1.3B
Agree Realty Corporation (NYSE: ADC ) released its first-quarter 2021 results on Monday with revenues beating Wall Street expectations. What Happened: The Michigan-based company posted a revenue of $77.83 million for the quarter ending March beating the estimated revenue of $75.54 million. Earnings per share amounted to 83 cents. Last year, in a similar period, Agree Reality’s revenue amounted to $55.80 million. “We continue to uncover unique high-quality opportunities, demonstrated by the continued expansion of our ground lease portfolio this quarter. Given our fortified balance sheet and strong investment pipeline, we are increasing our … Full story available on Benzinga.com
Agree Realty Posts Q1 Earnings Beat, Raises Full-Year Acquisition Guidance To $1.1B-$1.3B
Agree Realty Corporation (NYSE: ADC ) released its first-quarter 2021 results on Monday with revenues beating Wall Street expectations. What Happened: The Michigan-based company posted a revenue of $77.83 million for the quarter ending March beating the estimated revenue of $75.54 million. Earnings per share amounted to 83 cents. Last year, in a similar period, Agree Reality’s revenue amounted to $55.80 million. “We continue to uncover unique high-quality opportunities, demonstrated by the continued expansion of our ground lease portfolio this quarter. Given our fortified balance sheet and strong investment pipeline, we are increasing our … Full story available on Benzinga.com