Essential Properties FFO of $0.40 beats by $0.02, revenue of $70.12M beats by $3.94M

  • Essential Properties press release (NYSE:EPRT): Q1 FFO of $0.40 beats by $0.02.
  • Revenue of $70.12M (+44.4% Y/Y) beats by $3.94M.
  •  “With a well-fortified balance sheet and a robust investment pipeline, we are increasing our 2022 AFFO per share guidance range to $1.50 to $1.53, which not only reflects our brisk start to the year but a growing desire among middle-market operators to monetize their real estate amidst the backdrop of rising interest rates.” said the Company's President and Chief Executive Officer, Pete Mavoides.

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