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For the quarter ended March 2025, Agree Realty (ADC) reported revenue of $169.16 million, up 13.2% over the same period last year. EPS came in at $1.06, compared to $0.43 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $166.19 million, representing a surprise of +1.79%. The company delivered an EPS surprise of +0.95%, with the consensus EPS estimate being $1.05.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Agree Realty performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
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Revenues- Rental income: $169.11 million versus $163.98 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +13.2% change.
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Revenues- Rental income- Operating cost reimbursement: $18.09 million versus $16.95 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +9.8% change.
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Revenues- Other: $0.05 million compared to the $0.04 million average estimate based on two analysts. The reported number represents a change of +51.6% year over year.
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Net Earnings Per Share (Diluted): $0.42 compared to the $0.42 average estimate based on four analysts.
View all Key Company Metrics for Agree Realty here>>>
Shares of Agree Realty have returned +4% over the past month versus the Zacks S&P 500 composite's -8.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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This article originally published on Zacks Investment Research (zacks.com).