Essential Properties Realty Trust Inc reports results for the quarter ended in June - Earnings Summary

Essential Properties Realty Trust

27/07/2023 04:19

* Essential Properties Realty Trust Inc  EPRT.N  reported
quarterly adjusted earnings of 35 cents​​ per share for the
quarter ended in June. The mean expectation of two analysts for
the quarter was for earnings of 25 cents per share.
    * Revenue rose 21.1% to $86.52 million from a year ago;
analysts
expected $84.69 million. 
    * Essential Properties Realty Trust Inc's reported EPS for
the
quarter was 35 cents​.
    * The mean earnings estimate of analysts had risen by
about 3.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Essential Properties Realty Trust Inc shares had risen
by 9.7%
this quarter and gained 10.1% so far this year.
    * The company reported quarterly net income of $52.8
million.
    * Wall Street's median 12-month price target for Essential
Properties Realty Trust Inc is $28.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 03:19 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.43           0.41           Missed
 Mar. 31 2023      0.40           0.42           Beat
 Dec. 31 2022      0.39           0.39           Met
 Sep. 30 2022      0.40           0.38           Missed