The earnings call highlighted strong investment activity, increased guidance, robust pipeline, and high occupancy, indicating a positive business outlook. However, challenges such as the Zips Car Wash bankruptcy and increased expenses were also noted.

Company Guidance

During Essential Properties Realty Trust's Second Quarter 2025 Earnings Call, the company provided updated guidance, highlighting several key metrics. They reported $334 million in investments for the quarter, with a favorable weighted average cash yield of 7.9% and a strong average GAAP yield of 9.7%. Their portfolio consists of 2,190 properties with a weighted average lease term of 14 years, and only 4.9% of annual base rent is set to expire over the next five years. Tenant health appears robust, with a weighted average unit-level coverage ratio of 3.4x. The company issued $119 million in equity and maintains a pro forma leverage of 3.5x with $1.3 billion in liquidity. Consequently, Essential Properties increased their 2025 AFFO per share guidance to $1.86 to $1.89, reflecting an 8% growth at the midpoint, and raised their investment guidance range by $100 million to $1 billion to $1.2 billion. They have no immediate need for additional capital to meet this guidance, and their portfolio performance and investment activity are currently ahead of expectations.

Strong Investment Activity

The company invested $334 million in the quarter with a weighted average cash yield of 7.9% and a GAAP yield of 9.7%. The investments included 77 properties, 93% of which were sale leasebacks.

Increased AFFO Guidance

The company increased its 2025 AFFO per share guidance to a range of $1.86 to $1.89, representing 8% growth at the midpoint.

Robust Pipeline and Liquidity

The company has a strong investment pipeline supporting increased guidance, with $1.3 billion of liquidity and pro forma leverage at 3.5x.

High Occupancy and Tenant Health

The portfolio occupancy remained high at 99.6%, and tenant unit-level coverage ratio stood at 3.4x, reflecting strong tenant profitability.

Essential Properties Realty (EPRT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

EPRT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	0.31 / -	0.27	―	―	―
Jul 23, 2025	2025 (Q2)	0.31 / 0.32	0.29	10.34% (+0.03)
Apr 23, 2025	2025 (Q1)	0.29 / 0.29	0.28	3.57% (<+0.01)
Feb 12, 2025	2024 (Q4)	0.31 / 0.30	0.31	-3.23% (-0.01)
Oct 23, 2024	2024 (Q3)	0.30 / 0.27	0.29	-6.90% (-0.02)
Jul 24, 2024	2024 (Q2)	0.29 / 0.29	0.35	-17.14% (-0.06)
Apr 24, 2024	2024 (Q1)	0.28 / 0.28	0.29	-3.45% (>-0.01)
Feb 14, 2024	2023 (Q4)	0.27 / 0.31	0.25	24.00% (+0.06)
Oct 25, 2023	2023 (Q3)	0.27 / 0.29	0.26	11.54% (+0.03)
Jul 26, 2023	2023 (Q2)	0.26 / 0.35	0.27	29.63% (+0.08)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

EPRT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 23, 2025	$30.58	$30.55	-0.10%
Apr 23, 2025	$31.80	$31.23	-1.79%
Feb 12, 2025	$30.14	$30.55	+1.36%
Oct 23, 2024	$32.95	$32.44	-1.55%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Essential Properties Realty Trust Inc (EPRT) report earnings?

Essential Properties Realty Trust Inc (EPRT) is schdueled to report earning on Oct 22, 2025, After Close (Confirmed).

What is Essential Properties Realty Trust Inc (EPRT) earnings time?

Essential Properties Realty Trust Inc (EPRT) earnings time is at Oct 22, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is EPRT EPS forecast?

EPRT EPS forecast for the fiscal quarter 2025 (Q3) is 0.31.

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