Essential Properties (EPRT) Q3 FFO Match Estimates

Core Insights - Essential Properties (EPRT) reported quarterly funds from operations (FFO) of $0.48 per share, matching the Zacks Consensus Estimate and showing an increase from $0.43 per share a year ago [1] - The company achieved revenues of $144.93 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 1.94% and up from $117.13 million year-over-year [2] - The stock has underperformed the S&P 500, gaining about 1.1% since the beginning of the year compared to the S&P 500's 14.5% increase [3] Financial Performance - FFO for the previous quarter was expected to be $0.47 per share, but the actual result was $0.46, resulting in a surprise of -2.13% [1] - Over the last four quarters, the company has consistently failed to surpass consensus FFO estimates [1] - The current consensus FFO estimate for the upcoming quarter is $0.49, with projected revenues of $148.1 million, and for the current fiscal year, the estimate is $1.89 on revenues of $556.69 million [7] Market Outlook - The estimate revisions trend for Essential Properties was unfavorable prior to the earnings release, leading to a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] - The REIT and Equity Trust - Retail industry is currently ranked in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]