Agree Realty reports Q3 adjusted FFO $1.03, consensus $1.03

Reports Q revenue $, consensus $150.81M. “We are very pleased with our year-to-date performance as we have accelerated investment activity while strengthening our balance sheet through proactive capital markets transactions,” said Joey Agree, President and CEO. “During the quarter, we raised nearly $470M of forward equity, contributing to record liquidity of over $1.9B. Given the continued strong performance of our portfolio and accelerating investment activity across all three external growth platforms, we are increasing FY24 acquisition guidance to approximately $850M and raising the lower end of our 2024 AFFO per share guidance to a range of $4.12-$4.14.”