Essential Properties Realty Trust Q3 AFFO, Revenue Rise

MT Newswires Live10-24

Essential Properties Realty Trust (EPRT) reported late Wednesday Q3 adjusted funds from operations, or AFFO, of $0.43 per diluted share, up from $0.42 a year earlier.

Analysts polled by Capital IQ expected $0.44.

Revenue for the quarter ended Sept. 30 was $117.1 million, up from $91.7 million a year earlier.

Analysts polled by Capital IQ expected $114 million.

The company maintained its 2024 AFFO guidance at $1.72 to $1.75 per share. Analysts polled by Capital IQ expect $1.74.

The company expects 2025 AFFO to range from $1.84 to $1.89 per share. Analysts polled by Capital IQ expected $1.88.

Price: 32.95, Change: -0.94, Percent Change: -2.77

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