05:13 PM EDT, 07/31/2025 (MT Newswires) -- Agree Realty ( ADC ) reported Q2 adjusted funds from operations late Thursday of $1.06 per share, up from $1.04 a year earlier.

Analysts polled by FactSet expected $1.06.

Revenue for the quarter ended June 30 was $175.5 million, up from $152.6 million a year earlier.

Analysts surveyed by FactSet expected $173.2 million.

The company raised its full-year 2025 AFFO guidance to $4.29 to $4.32, up from its previous range of $4.27 to $4.30. Analysts expect $4.29.