secwatch.observer — SEC 8-K summary
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Issuer:     ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT)
CIK:        0001728951
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0001728951-23-000081
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1728951/000172895123000081/0001728951-23-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1728951/000172895123000081/eprt-20230726.htm
  HTML page:      https://secwatch.observer/filing/0001728951-23-000081

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer