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EPRTBullishEarningsnews
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Essential Properties (EPRT) Q2 FFO Match Estimates

Jul 24, 2024, 7:02 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

EPRT reported quarterly FFO of $0.43 per share, meeting estimates. Revenue increased to $109.27 million, surpassing estimates by 0.19%. EPRT's shares have gained 21.1% this year, outperforming the S&P 500. Favorable estimate revisions indicate a Zacks Rank #2 (Buy) for EPRT. Industry outlook remains strong with REITs in top 13% of Zacks industries.

  • EPRT reported quarterly FFO of $0.43 per share, meeting estimates.
  • Revenue increased to $109.27 million, surpassing estimates by 0.19%.
  • EPRT's shares have gained 21.1% this year, outperforming the S&P 500.
  • Favorable estimate revisions indicate a Zacks Rank #2 (Buy) for EPRT.
  • Industry outlook remains strong with REITs in top 13% of Zacks industries.

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