04:17 PM EDT, 10/21/2025 (MT Newswires) -- Agree Realty ( ADC ) reported Q3 adjusted funds from operations late Tuesday of $1.10 per share, up from $1.03 a year earlier.

Analysts polled by FactSet expected $1.08.

Revenue for the quarter ended Sept. 30 was $183.2 million, up from $154.3 million a year earlier.

Analysts surveyed by FactSet expected $180.2 million.

The company raised its full-year 2025 AFFO guidance to $4.31 to $4.33, up from its previous range of $4.29 to $4.32.

Analysts expect $4.30.