Essential Properties Q4 2020 Earnings Report
Key Takeaways
Essential Properties Realty Trust reported Q4 2020 results with a net income per share of $0.05 and AFFO per share of $0.27. The company closed quarterly investments of $244.1 million at a 7.1% weighted average cash cap rate and reiterated its 2021 AFFO guidance of $1.22 to $1.26 per share.
Collected 95% of January rent, demonstrating portfolio stability.
Net income per share was $0.05, and AFFO per share was $0.27.
Closed quarterly investments of $244.1 million at a 7.1% weighted average cash cap rate.
Reiterated 2021 AFFO guidance of $1.22 to $1.26 per share.
Essential Properties
Essential Properties
Essential Properties Revenue by Segment
Forward Guidance
The Company reiterates its previously issued expectation that 2021 AFFO per share on a fully diluted basis will be within a range of $1.22 to $1.26.
Revenue & Expenses
Visualization of income flow from segment revenue to net income