Essential Properties Realty Trust Inc expected to post earnings of 28 cents a share - Earnings Preview

Essential Properties Realty Trust

22/04/2024 22:59

* Essential Properties Realty Trust Inc  EPRT.N   EPRT.K  is
expected to show a rise in quarterly revenue when it reports 
results on April 24 for the period ending March 31 2024
    * The Princeton New Jersey-based  company is expected to
report a
20.8% increase in revenue to $101.061 million from $83.69
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Essential Properties
Realty
Trust Inc is for earnings of 28 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Essential
Properties Realty Trust Inc is $28.00​, above​ its last closing
price of $25.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.45        0.44       0.46      Beat    3.5
 Sep. 30 2023  0.43        0.43       0.45      Beat    4.5
 Jun. 30 2023  0.42        0.42       0.41      Missed  -3​
 Mar. 31 2023  0.40        0.40       0.42      Beat    4.6
 ​​Dec.        0.39        0.39       0.39      Met     -0.1
 31 2022                                                
 Sep. 30 2022  0.40        0.40       0.38      Missed  -4.9​
 Jun. 30 2022  0.40        0.40       0.41      Beat    2.5
 Mar. 31 2022  0.38        0.38       0.40      Beat    5.8
 This summary was machine generated April 22 at 21:59 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)