NYSE$EPRT
Essential Properties Realty Trust Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Announced first quarter results with net income per share of $0.21 and AFFO per share of $0.38.
Essential Properties Realty Trust reported strong first-quarter results, driven by a stable internal growth profile and the resilient nature of the sale-leaseback marketplace. The company increased its 2022 AFFO per share guidance to $1.50 to $1.53.
- Invested $237.8 million in 105 properties with a 7.0% weighted average cash cap rate.
- Net income per share increased by 50% to $0.21.
- Adjusted Funds from Operations (AFFO) per share increased by 27% to $0.38.
- Increased 2022 AFFO per share guidance to $1.50 to $1.53.
Headline financials
Revenue & EPS history
Essential Properties · Revenue · Quarterly
$70.1M
Revenue by segment
Essential Properties · $70.1M total across 3 segments · Q1 2022
- Rental Revenue$66.1M—94.3%
- Interest on Loans and Direct Financing Lease Receivables$3.82M—5.5%
- Other Revenue$187K—0.3%
Forward guidance
The Company is increasing its guidance for AFFO per share on a fully diluted basis for 2022 to a range of $1.50 to $1.53 from its previously announced range of $1.47 to $1.51.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+0.8%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+2.4%
Avg return
30 days after
69%
22 / 32 earnings
Positive
+7.0%
Q4 2019
Best reaction
-9.2%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.8% | -2.3% | -2.4% | |
| Q4 2025 | +0.3% | +3.6% | +4.4% | |
| Q3 2025 | +1.3% | -2.5% | +0.3% | |
| Q2 2025 | +0.3% | +2.5% | -1.6% | |
| Q1 2025 | -1.8% | -0.5% | -0.7% | |
| Q4 2024 | +1.4% | +3.3% | +3.3% | |
| Q3 2024 | -1.4% | -3.9% | -1.0% | |
| Q2 2024 | -3.3% | -2.6% | +2.1% | |
| Q1 2024 | -2.1% | +0.1% | +2.5% | |
| Q4 2023 | +1.4% | +2.0% | +4.8% | |
| Q3 2023 | +2.4% | +1.9% | +13.3% | |
| Q2 2023 | -3.7% | -5.0% | -8.6% | |
| Q1 2023 | +3.2% | +2.7% | -0.3% | |
| Q4 2022 | +3.0% | +4.9% | -1.5% | |
| Q3 2022 | +4.4% | +6.0% | +12.4% | |
| Q2 2022 | +2.6% | +2.8% | -1.0% | |
| Q1 2022 | +1.6% | -6.6% | -7.8% | |
| Q4 2021 | +1.9% | +1.1% | +2.3% | |
| Q3 2021 | +2.7% | +1.2% | -11.1% | |
| Q2 2021 | +2.1% | +1.1% | +9.2% | |
| Q1 2021 | -1.0% | -1.0% | +1.3% | |
| Q4 2020 | +2.9% | -1.5% | -1.6% | |
| Q3 2020 | -2.3% | +6.0% | +25.7% | |
| Q2 2020 | +5.1% | +9.7% | +12.8% | |
| Q1 2020 | -9.2% | -11.9% | +32.7% | |
| Q4 2019 | +7.0% | +5.4% | -52.7% | |
| Q3 2019 | +1.8% | +6.0% | +3.8% | |
| Q2 2019 | +1.5% | +3.6% | +8.7% | |
| Q1 2019 | -0.6% | -1.9% | +2.5% | |
| Q4 2018 | +1.0% | -1.4% | +16.2% | |
| Q3 2018 | +4.5% | +4.2% | +5.6% | |
| Q2 2018 | +1.4% | +1.2% | +3.9% | |
| Q1 2018 | — | — | — | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — |
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