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Essential Properties Realty Trust Inc (EPRT)
NYSE:EPRT
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.31Last Year’s EPS
0.29Same Quarter Last Year
Strong Buy
Based on 13 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: -0.97%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong first quarter with significant investments, healthy portfolio performance, and strong liquidity position. Despite certain challenges like the Zipcar wash bankruptcy and increased G&A expenses, the company remains optimistic about its growth potential and has reaffirmed its guidance. The sentiment leans towards positive given the strong financial metrics and strategic positioning.Company Guidance
During the Essential Properties Realty Trust First Quarter 2025 Earnings Conference Call, the company reaffirmed its 2025 AFFO per share guidance range of $1.85 to $1.89, reflecting over 7% growth at the midpoint. The firm reported an investment of $308 million across 21 transactions with a weighted average cash yield of 7.8% and a strong average gap yield of 9.4%. The company's pro forma leverage stood at 3.4 times, with liquidity of $1.5 billion. Essential Properties maintained a high occupancy rate of 99.7% and experienced an increase in AFFO per share by 7% compared to Q1 2024, totaling $85.7 million. With a weighted average lease term of 14 years and a tenant credit health coverage ratio of 3.5 times, the company remains well-positioned to continue its growth trajectory without needing to raise additional capital to meet its investment guidance of $900 million to $1.1 billion for 2025.Strong Investment Activity
Invested $308 million in 21 transactions at a weighted average cash yield of 7.8%. Investments had a weighted average initial lease term of 17.5 years and a weighted average annual rent escalation of 2.2%.
Healthy Portfolio Performance
Tenant credit trends remained healthy with 99.7% occupancy and nearly 100% rent collection. Same-store rent growth was 1.5%, up slightly from last quarter.
Significant Liquidity Position
Pro forma leverage of 3.4 times and liquidity of $1.5 billion, including $313 million raised in equity during the quarter.
AFFO Growth
AFFO per share increased by 7% year-over-year to $0.45. Total AFFO was up 21% compared to the same period in 2024.
Reaffirmed Guidance
Reaffirmed 2025 AFFO per share guidance range of $1.85 to $1.89, representing over 7% growth at the midpoint.
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EPRT Earnings History
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
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EPRT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 23, 2025 | $32.10 | $31.53 | -1.78% |
| Feb 12, 2025 | $30.42 | $30.84 | +1.38% |
| Oct 23, 2024 | $33.26 | $32.74 | -1.56% |
| Jul 24, 2024 | $29.56 | $29.14 | -1.42% |
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.
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FAQ
When does Essential Properties Realty Trust Inc (EPRT) report earnings?
Essential Properties Realty Trust Inc (EPRT) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is Essential Properties Realty Trust Inc (EPRT) earnings time?
Essential Properties Realty Trust Inc (EPRT) earnings time is at Jul 23, 2025, TBA Not 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 (Q2) is 0.31.
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