
Agree Realty (ADC) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Agree Realty (ADC) last issued guidance on October 20, 2026 for fiscal year 2026. The company guided earnings per share in the range of $4.58 - $4.59, compared to a consensus EPS estimate of $4.45.
Compared to prior guidance, Agree Realty maintained its EPS outlook from a previous range of $4.57 - $4.59.
Agree Realty has issued 11 guidance updates between April 23, 2024 and October 20, 2026. During this period, the company raised its outlook 2 times, reflecting management's growing confidence in business performance.
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $1.11 | $1.11 | $0.72 | $0.71 |
| Actual | $1.15 | $1.14 | $1.14 | $1.11 |
| Surprise | +3.60% | +2.70% | +58.3% | +56.3% |
| Revenue | ||||
| Estimate | $212.5M | $205.8M | $196.1M | $188.4M |
| Actual | $213.9M | $205.0M | $200.8M | $190.5M |
| Surprise | +0.65% | -0.41% | +2.39% | +1.13% |
| Metric | Q4 '26E | Q1 '27E | Q2 '27E | Q3 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $1.13 | $1.14 | $1.15 | $1.18 |
| Revenue | ||||
| Consensus | $220.6M | $225.4M | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q3 | Oct 20, 2026 | $1.15 | $1.11 | 3.60 % |
| Q2 | Jul 30, 2026 | $1.14 | $1.11 | 2.70 % |
| Q1 | Apr 21, 2026 | $1.14 | $0.72 | 58.3 % |
| Q4 | Feb 10, 2026 | $1.11 | $0.71 | 56.3 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q3 | Oct 20, 2026 | $213.88M | $212.51M | 0.65 % |
| Q2 | Jul 30, 2026 | $204.98M | $205.82M | -0.41 % |
| Q1 | Apr 21, 2026 | $200.81M | $196.11M | 2.39 % |
| Q4 | Feb 10, 2026 | $190.49M | $188.36M | 1.13 % |