{"schema_version":"secwatch.filing_event.v1","accession":"0001728951-23-000045","form_type":"8-K","ticker":"EPRT","cik":"0001728951","company_name":"ESSENTIAL PROPERTIES REALTY TRUST, INC.","filed_at":"2023-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.268610+00:00","generated_at":"2026-06-16T13:13:23.156161+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Essential Properties Q1 net income $0.29/share, AFFO $0.40; raises 2023 AFFO guidance","bullets":["Net income per share $0.29 (up 38% YoY), AFFO per share $0.40 (up 5% YoY).","Invested $207.1M in 57 properties at 7.6% weighted avg cash cap rate.","Portfolio occupancy 99.8%, same-store rent growth 1.6%, rent coverage 3.9x.","Updated 2023 AFFO guidance to $1.60-$1.64 per share (from $1.58-$1.64).","Raised $217.8M in follow-on offering at $24.60/share in Feb 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001728951-23-000045","json":"https://secwatch.observer/filing/0001728951-23-000045.json","markdown":"https://secwatch.observer/filing/0001728951-23-000045.md","text":"https://secwatch.observer/filing/0001728951-23-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1728951/000172895123000045/0001728951-23-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1728951/000172895123000045/eprt-20230426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T13:13:23.156161+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"dc6da5565c1c1bcdc6cb8bec0d2f5136a71053b1","claim":"ESSENTIAL PROPERTIES REALTY TRUST, INC. reported three months ended March 31, 2023 results: EPS $0.29.","evidence_excerpt":"First Quarter 2023 Financial and Operating Highlights: Operating Results (compared to First Quarter 2022): • Investments (57 properties) $ Invested $207.1 million Weighted Avg Cash Cap Rate 7.6% • Dispositions (17 properties) Net Proceeds $37.2 million Weighted Avg Cash Cap Rate 6.1% • Net Income per Share Increased by 38% $0.29 • Funds from Operations (\"FFO\") per Share Increased by 10% $0.43 • Core Funds from Operations (\"Core FFO\") per Share Increased by 5% $0.42 • Adjusted Funds from Operations (\"AFFO\") per Share Increased by 5% $0.40","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1728951/000172895123000045/0001728951-23-000045-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2023"},{"label":"EPS","value":"$0.29"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e2bac010266cb7b99c5c4fe7913c397841c0374e","claim":"ESSENTIAL PROPERTIES REALTY TRUST, INC. updated its 2023 guidance (raised).","evidence_excerpt":"The Company is updating its range for expected 2023 AFFO per share on a fully diluted basis to $1.60 to $1.64 from its previously announced range of $1.58 to 1.64.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1728951/000172895123000045/0001728951-23-000045-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"2023"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}