AGREE REALTY CORP (ADC) Earnings History & Surprises

NYSE:ADC • US0084921008

81.06 USD
-0.29 (-0.36%)
At close: Mar 9, 2026
79.44 USD
-1.62 (-2%)
After Hours: 3/9/2026, 8:04:00 PM

Past quarterly earnings results for AGREE REALTY CORP (ADC), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release DateApr 20, 2026
PeriodQ1 / 2026
EPS Estimate$0.48
Revenue Estimate195.45M

Last Reported

Most Recent
Release DateFeb 10, 2026
PeriodQ4 / 2025
EPS Reported$0.47
EPS Surprise -1.41%
Revenue Surprise 1.67%

Beat Rate

Last 8 Quarters
63%
EPS and Revenuebeats vs estimates

Quarterly Earnings Results

EPS & Revenue History (USD)

Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q4 2025 0.47 0.48 -1.41% 14.63% 190.489M 187.36M 1.67% 18.51%
Q3 2025 0.45 0.46 -1.81% 7.14% 183.222M 179.66M 1.98% 18.72%
Q2 2025 0.43 0.46 -5.91% -17.31% 175.527M 172.71M 1.63% 15.04%
Q1 2025 0.42 0.43 -1.58% -10.64% 169.16M 165.52M 2.20% 13.19%
Q4 2024 0.41 0.43 -5.60% - 160.734M 157.93M 1.78% 11.49%
Q3 2024 0.42 0.44 -3.61% 13.51% 154.332M 152.32M 1.32% 12.81%
Q2 2024 0.52 0.45 16.63% 30.00% 152.575M 149.33M 2.17% 17.46%
Q1 2024 0.47 0.45 4.34% 6.82% 149.453M 147.93M 1.03% 18.03%
Q4 2023 0.41 0.45 -9.39% -6.82% 144.165M 140.79M 2.40% 23.75%
Q3 2023 0.37 0.42 -12.78% -19.57% 136.812M 134.42M 1.78% 24.26%
Q2 2023 0.40 0.44 -8.43% -11.11% 129.9M 129.39M 0.39% 23.83%
Q1 2023 0.44 0.45 -1.66% -8.33% 126.618M 121.7M 4.04% 28.81%
Q4 2022 0.44 0.43 3.23% - 116.5M 116.24M 0.22% 27.46%
Q3 2022 0.46 0.45 2.93% -11.54% 110.1M 110.78M -0.61% 25.83%
Q2 2022 0.45 0.45 -0.99% -13.46% 104.9M 103.3M 1.55% 27.15%
Q1 2022 0.48 0.45 6.08% - 98.3M 97.084M 1.25% 26.35%
Q4 2021 0.44 0.48 -7.96% 4.76% 91.4M 92.678M -1.38% 28.01%
Q3 2021 0.52 0.46 12.74% 33.33% 87.5M 88.464M -1.09% 37.15%
Q2 2021 0.52 0.47 11.12% 10.64% 82.5M 83.135M -0.76% 43.48%
Q1 2021 0.48 0.46 4.45% 4.35% 77.8M 76.297M 1.97% 39.43%
Q4 2020 0.42 0.40 4.61% - 71.4M 69.573M 2.63% -
Q3 2020 0.39 0.43 -8.61% - 63.8M 62.276M 2.45% -
Q2 2020 0.47 0.40 18.31% - 57.5M 55.994M 2.69% -
Q1 2020 0.46 0.45 2.35% - 55.8M 55.193M 1.10% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

ADC EPS Q2Q GrowthADC EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 Q1/27 Q3/27 0 10 -10 20 30

Revenue Historical Q2Q growth and Acceleration

ADC Revenue Q2Q GrowthADC Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 Q1/27 Q3/27 10 20 30 40

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
0
Average EPS beat (4)
-2.68%
Max EPS beat (4)
-1.41%
Min EPS beat (4)
-5.91%

Revenue beat statistics

Revenue beat (4)
4
Average Revenue beat (4)
1.87%
Max Revenue beat (4)
2.20%
Min Revenue beat (4)
1.63%

Analysis

In the last 4 quarters, ADC has not beaten EPS estimates in any release
ADC has consistently beaten revenue estimates in all past 4 earnings releases
In the last 4 quarters, ADC reported -2.7% below the EPS estimates on average.
In the last 4 quarters, ADC has beaten the revenue estimates by 1.9% on average.
→ Find peers who consistently beat earnings by at least 10% in the last 4 quarters

AGREE REALTY CORP / ADC Earnings FAQ

Can you provide the last earnings date for AGREE REALTY CORP?

AGREE REALTY CORP (ADC) last reported earnings on 2/10/2026.


Did ADC stock beat earnings estimates in the most recent quarter?

AGREE REALTY CORP (ADC) missed EPS estimates and beat revenue estimates in the most recent quarter.


What percentage of the time does ADC stock beat earnings estimates?

In the last 4 quarters, AGREE REALTY CORP (ADC) has beaten EPS estimates in 0 out of 4 releases.