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Sep 30, 2020
Essential Properties Q3 2020 Earnings Report
Announced third quarter 2020 results with net income per share of $0.13 and AFFO per share of $0.28.
Key Takeaways
Essential Properties Realty Trust reported a decrease in net income per share to $0.13 and AFFO per share to $0.28 for the third quarter of 2020. The company invested $148.9 million in 50 properties at a 7.1% weighted average cash cap rate and collected 90% of third quarter rent and 91% of October rent.
Net income per fully diluted share decreased 28% to $0.13.
Adjusted Funds from Operations (“AFFO”) per fully diluted share decreased by 3% to $0.28.
Net Debt to Annualized Adjusted EBITDAre was 4.0x at quarter end.
Invested $148.9 million in 50 properties at a 7.1% weighted average cash cap rate.
Essential Properties
Essential Properties
Essential Properties Revenue by Segment
Revenue by Segment
Rental Revenue
CapyFin.comInterest on loans and lease receivables Revenue
CapyFin.comOther Revenue
CapyFin.com Forward Guidance
No specific forward guidance provided in this report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income