---
schema_version: "secwatch.filing_event.v1"
accession: "0001728951-23-000081"
form_type: "8-K"
ticker: "EPRT"
cik: "0001728951"
company_name: "ESSENTIAL PROPERTIES REALTY TRUST, INC."
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:24:03.078184+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Essential Properties Q2 AFFO $0.41, raises 2023 guidance to $1.62-$1.65 per share

## Summary
- Q2 2023 AFFO per share $0.41, up 8% YoY; net income per share $0.35, up 30% YoY.
- Invested $277.4M in 78 properties at 7.4% weighted avg cash cap rate.
- Dispositions: $41.7M net proceeds at 6.2% cap rate; portfolio 99.9% occupied.
- 2023 AFFO guidance raised to $1.62-$1.65 per share (from $1.60-$1.64).
- Year-to-date AFFO per share $0.81, up 7% YoY; net debt/EBITDA 4.3x.

## SEC filing metadata
- accession: 0001728951-23-000081
- form_type: 8-K
- ticker: EPRT
- cik: 0001728951
- company_name: ESSENTIAL PROPERTIES REALTY TRUST, INC.
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1728951/000172895123000081/0001728951-23-000081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1728951/000172895123000081/eprt-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001728951-23-000081
- JSON: https://secwatch.observer/filing/0001728951-23-000081.json
- Plain text: https://secwatch.observer/filing/0001728951-23-000081.txt

## Key facts
- Earnings Releases
  ESSENTIAL PROPERTIES REALTY TRUST, INC. reported three and six months ended June 30, 2023 results: net income $0.35, EPS $0.35 per share. Guidance raised.
  - Period: three and six months ended June 30, 2023
  - Net income: $0.35
  - EPS: $0.35 per share
  - Guidance: raised
  - Result: reported results
  source text: ssential Properties Announces Second Quarter 2023 Results - Second Quarter Net Income per Share of $0.35 and AFFO per Share of $0.41 - - Closed Investments of $277.4 million at a 7.4% Weighted Average Cash Cap Rate - - Increases 2023 AFFO Guidance to $1.62 to $1.65 per Share - July 26, 2023 PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1728951/000172895123000081/0001728951-23-000081-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.