earnings
confidence high
sentiment positive
materiality 0.90
Essential Properties Reports Q1 2025 Net Income of $0.29 per Share and AFFO of $0.45 per Share
ESSENTIAL PROPERTIES REALTY TRUST, INC.
2025-Q1 EPS reported
$0.29
revenue$129,354,000
- Net income per share $0.29, up 4% year-over-year; AFFO per share $0.45, up 7%.
- Closed $307.7M in investments at 7.8% weighted average cash cap rate during Q1 2025.
- Reiterated 2025 AFFO guidance range $1.85 to $1.89 per share.
- Declared Q1 2025 dividend of $0.295 per share (annualized $1.18).
- Pro forma net debt to annualized adjusted EBITDA 3.4x as of March 31, 2025.