The earnings call indicates a strong performance with significant investments at favorable yields, increased guidance, and a healthy portfolio, despite minor challenges such as a bankruptcy impact and increased G&A expenses.

Company Guidance -

Q3 2025

During Essential Properties Realty Trust's second quarter 2025 earnings call, the company announced a favorable operating environment and highlighted several key metrics. Investments for the quarter totaled $334 million, with an average cash yield of 7.9% and an average GAAP yield of 9.7%. The company raised its 2025 AFFO per share guidance to a range of $1.86 to $1.89, reflecting an 8% growth at the midpoint. Essential Properties also increased its investment guidance by $100 million to a new range of $1 billion to $1.2 billion. The portfolio ended the quarter with 2,190 properties leased to over 400 tenants, maintaining a 99.6% occupancy rate. The company issued $119 million of equity through its ATM Program, achieving a pro forma leverage of 3.5x, with $1.3 billion in liquidity. The call underscored Essential Properties' strong tenant credit trends, with a weighted average lease term of 14 years and a unit-level coverage ratio of 3.4x.

Strong Investment Performance

Essential Properties invested $334 million at a weighted average cash yield of 7.9% and a GAAP yield of 9.7% during the second quarter, with the majority being sale leasebacks.

Increased Guidance

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

Healthy Portfolio Metrics

Same-store rent growth was 1.4% with an occupancy rate of 99.6%. The weighted average lease term was 14 years, and the tenant credit trends remained healthy.

Significant Liquidity and Low Leverage

The company has $1.3 billion of liquidity with a pro forma leverage of 3.5x, positioning it well for future investments without needing additional equity.

Successful Disposition Strategy

Sold 23 properties for $46.2 million in net proceeds with a 7.3% weighted average cash yield, highlighting the strategy of owning fungible liquid properties.

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)	0.32 / -	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 (EPRT) report earnings?

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

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

Essential Properties Realty Trust (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 0.32.

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