Agree Realty Q4 Earnings Preview

Don't be caught off-guard: Agree Realty ADC releases its next round of earnings Thursday.

Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for today's Q4 earnings announcement after the bell.

Earnings and Revenue

Agree Realty earnings will be near 40 cents per share on sales of $31.46 million, according to analysts.

In the same quarter last year, Agree Realty posted a profit of 63 cents per share on sales of $25.29 million. The analyst consensus estimate would represent a 36.51 percent decline in the company's EPS figure. Revenue would be have grown 24.35 percent from the same quarter last year.

In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate   0.39 0.39  
EPS Actual 0.69 0.67 0.65 0.63

 

Stock Performance

Over the last 52-week period, shares are down 5.85 percent. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.

Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The most common rating by analysts on Agree Realty stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

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