04:37 AM EDT, 04/25/2024 (MT Newswires) -- Essential Properties Realty Trust ( EPRT ) reported late Wednesday Q1 adjusted funds from operations of $0.42 per share, up from $0.40 per share a year earlier.

Analysts polled by Capital IQ expected $0.42 per share.

Revenue for the quarter ended March 31 was $103.5 million, up from $83.7 million a year earlier. Analysts polled by Capital IQ expected $101.6 million.

For 2024, the company now expects adjusted FFO of $1.72 to $1.75 per share, compared with previously issued guidance range of $1.71 to $1.75. Analysts polled by Capital IQ are expecting $1.74 per share.

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