Agree Realty (ADC) reported Q1 adjusted funds from operations late Tuesday of $1.06 per diluted share, up from $1.03 a year earlier.
Analysts polled by FactSet expected $1.05.
Revenue in the three months ended March 31 rose to $169.2 million from $149.5 million a year earlier.
Analysts surveyed by FactSet expected $166.5 million.
The company raised its 2025 AFFO per share guidance to the range of $4.27 to $4.30 from $4.26 to $4.30.
Analysts polled by FactSet expect $4.28.
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