Agree Realty Corporation announced on February 11, 2025, its funds from operations (FFO) for the fourth quarter of 2024. The company reported FFO of $109.5 million, translating to $1.04 per share.
This FFO per share figure surpassed the average estimate of $1.03 per share from eight analysts surveyed by Zacks Investment Research. Funds from operations is a key metric closely watched within the real estate investment trust industry.
The Royal Oak, Michigan-based real estate investment trust continues to demonstrate its ability to generate strong profitability. This performance highlights the effectiveness of its strategy in the net lease retail sector.
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