Essential Properties (EPRT) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Essential Properties (EPRT) reported a revenue of $119.71 million for Q4 2024, marking a year-over-year increase of 22.5% and an EPS of $0.45 compared to $0.31 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $120.68 million by 0.81%, while the EPS met the consensus estimate [1] Financial Performance Metrics - Interest on loans and direct financing lease receivables generated $7.33 million, exceeding the average estimate of $6.49 million by analysts, reflecting a year-over-year increase of 60.1% [4] - Rental revenue was reported at $112.36 million, slightly below the estimated $112.84 million, but still showing a 20.9% increase compared to the previous year [4] - Other revenue was reported at $0.02 million, significantly lower than the estimated $0.18 million, indicating a year-over-year decline of 92.2% [4] - Diluted net income per share was $0.30, slightly below the average estimate of $0.32 from two analysts [4] Stock Performance - Shares of Essential Properties have returned +0.7% over the past month, while the Zacks S&P 500 composite has increased by +4.3% [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance against the broader market in the near term [3]