earnings
confidence high
sentiment positive
materiality 0.75
Essential Properties Q3 AFFO $0.48/share, up 12% YoY; raises 2025 AFFO guidance
ESSENTIAL PROPERTIES REALTY TRUST, INC.
2025-Q3 EPS
reported $0.94
vs consensus $0.32
▲ beat
(+195.4%)
- Q3 net income $0.33/share (+22% YoY); AFFO $0.48/share (+12% YoY).
- Closed $369.8M in investments at 8.0% weighted avg cash cap rate across 87 properties.
- Issued $400M 10-year notes at 5.40% coupon; pro forma net debt/EBITDA 3.8x.
- Raised 2025 AFFO guidance to $1.87-$1.89/share; issued 2026 guidance of $1.98-$2.04.
- Year-to-date raised $445.6M in equity via follow-on and ATM at avg ~$32/share.