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Essential Properties Realty Trust Q2 Adjusted FFO, Revenue Rise; 2024 Guidance Reaffirmed
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Essential Properties Realty Trust Q2 Adjusted FFO, Revenue Rise; 2024 Guidance Reaffirmed
Jul 24, 2024 3:09 PM

05:34 PM EDT, 07/24/2024 (MT Newswires) -- Essential Properties Realty Trust ( EPRT ) reported Q2 adjusted funds from operations late Wednesday of $0.43 a share, up from $0.41 a year earlier.

Analysts polled by Capital IQ expected $0.43.

Revenue in the three months ended June 30 rose to $109.3 million from $86.5 million a year earlier. Analysts polled by Capital IQ expected $106.7 million.

The company reaffirmed the 2024 adjusted FFO outlook of $1.72 to $1.75 a share. Analysts polled by Capital IQ expect $1.74.

Price: 30.00, Change: -0.37, Percent Change: -1.22

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