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

Essential Properties Realty Trust

26/04/2023 23:30

* Essential Properties Realty Trust Inc  EPRT.N  reported
quarterly adjusted earnings of 29 cents​​ per share for the
quarter ended in March. The mean expectation of two analysts for
the quarter was for earnings of 23 cents per share.
    * Revenue rose 19.3% to $83.69 million from a year ago;
analysts
expected $78.55 million. 
    * Essential Properties Realty Trust Inc's reported EPS for
the
quarter was 29 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.5%
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 fallen
by 3.5%
this quarter and gained 2.2% so far this year.
    * The company reported quarterly net income of $42.9
million.
    * Wall Street's median 12-month price target for Essential
Properties Realty Trust Inc is $27.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 26 at 10:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.40           0.41           Beat