secwatch.observer — SEC 8-K summary
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Issuer:     ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT)
CIK:        0001728951
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0001728951-23-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Essential Properties Q4 AFFO $0.39 (+5% YoY); full-year AFFO $1.53 (+14%); reiterates 2023 guidance
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- Q4 2022 net income $0.25 per share and AFFO $0.39 per share, up 5% YoY.
- Full-year 2022 AFFO per share $1.53, a 14% increase versus 2021.
- Record Q4 investment volume of $328.4M across 115 properties at 7.5% cash cap rate.
- Reiterates 2023 AFFO guidance of $1.58–$1.64 per share; strong liquidity of $693.7M.
- Net debt to annualized Adjusted EBITDAre of 4.6x (4.5x pro forma); portfolio 99.9% occupied.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1728951/000172895123000019/0001728951-23-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1728951/000172895123000019/eprt-20230215.htm
  HTML page:      https://secwatch.observer/filing/0001728951-23-000019

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