Essential Properties Realty Trust: Q1 Earnings Insights

Shares of Essential Properties Realty Trust EPRT remained unaffected at $13.32 after the company reported Q1 results.

Quarterly Results

Earnings per share were up 7.41% year over year to $0.29, which beat the estimate of $0.17.

Revenue of $41,487,000 higher by 33.37% from the same period last year, which missed the estimate of $42,010,000.

Outlook

Essential Props Realty hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: May 11, 2020

Time: 08:03 PM ET

Webcast URL: https://www.webcaster4.com/Webcast/Page/2056/34443

Price Action

Company's 52-week high was at $29.34

52-week low: $6.08

Price action over last quarter: down 45.65%

Company Profile

Essential Properties Realty Trust Inc is a real estate investment trust. It acquires, owns and manages single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses.

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Posted In: EarningsNews
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