Agree Realty Q4 net income per share rises

Reuters05:17
Agree Realty Q4 net income per share rises 

Overview

  • Real estate investment trust's Q4 net income per share rose 13.5% yr/yr

  • Core FFO per share for Q4 increased 7.3% yr/yr

  • Company provided 2026 AFFO per share guidance of $4.54 to $4.58

Outlook

  • Agree Realty provides 2026 AFFO per share guidance of $4.54 to $4.58

  • Company increases 2026 investment guidance to $1.4 bln to $1.6 bln

  • Agree Realty expects 2026 disposition volume of $25 mln to $75 mln

Result Drivers

  • INVESTMENTS - Co invested $377 mln in 94 retail net lease properties, boosting Q4 results

  • CAPITAL MANAGEMENT - Raised $537 mln through forward equity and term loan, strengthening liquidity

  • HIGH OCCUPANCY - Portfolio was 99.7% leased, contributing to stable revenue streams

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 EPS

$0.47

Q4 Net Income

$56.21 mln

Q4 Core FFO

$126.80 mln

Q4 Core FFO Per Share

$1.10

Press Release: ID:nBw80JPYQa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment