secwatch.observer — SEC 8-K summary
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Issuer:     ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT)
CIK:        0001728951
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001728951-24-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Essential Properties Q4 net income $0.31/share, AFFO $0.42, reiterates 2024 guidance
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- Q4 net income $0.31 per diluted share (+24% YoY); AFFO $0.42 per share (+8% YoY).
- Closed $314.9M in investments at 7.9% weighted avg cash cap rate; full-year investment volume $1.0B.
- Portfolio 99.8% leased, WALT 14.0 years; rent coverage 3.8x; 1,873 properties at year-end.
- Reiterated 2024 AFFO guidance $1.71-$1.75 per share; Q4 dividend $0.285/share paid Jan 12.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1728951/000172895124000024/0001728951-24-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1728951/000172895124000024/eprt-20240214.htm
  HTML page:      https://secwatch.observer/filing/0001728951-24-000024

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