AI brief of an SEC Form 8-K · Essential Properties Realty Trust (EPRT)

Essential Properties Q4 2024 AFFO per share rises 7% to $0.45; 2025 low end raised

Positive Impact 3 of 5 earnings Written later

Essential Properties Realty Trust reported fourth quarter 2024 results, with diluted net income per share of $0.30, down 3% from a year earlier, while AFFO per share rose 7% to $0.45 and total revenues reached $119.7 million, up from $97.7 million. The company raised the bottom end of its 2025 AFFO per share guidance by $0.01 to a range of $1.85 to $1.89, which indicates higher expected cash earnings per share for shareholders.

Key points

  • Q4 2024 diluted net income per share was $0.30, down 3%; total revenues were $119.7 million versus $97.7 million a year earlier.
  • Q4 2024 AFFO per diluted share was $0.45, up 7%; FFO per diluted share was $0.47, up 2%.
  • Q4 2024 investments totaled $333.4 million across 78 properties at an 8.0% weighted average cash cap rate.
  • 2025 AFFO per share guidance was raised at the bottom end by $0.01 to $1.85 to $1.89; investment volume estimate is $900 million to $1.1 billion.

The filing

CompanyEssential Properties Realty Trust (EPRT)
Form8-K, current report
Filed with the SECFeb 12, 2025, 4:17 PM ET
Accession number0001728951-25-000029

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 12, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.