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Here's What Key Metrics Tell Us About Essential Properties (EPRT) Q1 Earnings
EPRTEssential Properties(EPRT) ZACKS·2025-04-23 23:31

Core Insights - Essential Properties (EPRT) reported a revenue of 129.35millionforthequarterendedMarch2025,reflectinga25129.35 million for the quarter ended March 2025, reflecting a 25% increase year-over-year [1] - The earnings per share (EPS) was 0.45, up from 0.28inthesamequarterlastyear,althoughitfellshortoftheconsensusestimateof0.28 in the same quarter last year, although it fell short of the consensus estimate of 0.46 [1] - The revenue exceeded the Zacks Consensus Estimate of 126.61million,resultinginapositivesurpriseof+2.17126.61 million, resulting in a positive surprise of +2.17% [1] Revenue Breakdown - Rental revenue reached 121.79 million, surpassing the average estimate of 117.26millionbyanalysts,markingayearoveryearincreaseof+23.6117.26 million by analysts, marking a year-over-year increase of +23.6% [4] - Interest on loans and direct financing lease receivables amounted to 7.53 million, slightly above the average estimate of 7.38million,withasignificantyearoveryeargrowthof+58.87.38 million, with a significant year-over-year growth of +58.8% [4] - Other revenue was reported at 0.04 million, which was below the estimated $0.18 million, indicating a substantial decline of -85.3% compared to the previous year [4] Stock Performance - Over the past month, shares of Essential Properties have returned -0.5%, while the Zacks S&P 500 composite experienced a decline of -6.6% [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]