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Dec 31, 2021
Essential Properties Q4 2021 Earnings Report
Essential Properties reported strong Q4 2021 results, achieving a net income per share of $0.24 and AFFO per share of $0.37.
Key Takeaways
Essential Properties Realty Trust, Inc. announced its Q4 2021 operating results, featuring investments of $322.2 million at a 6.9% weighted average cash cap rate. The company's performance supports an increased 2022 AFFO guidance to $1.47 to $1.51 per share.
Net income per share increased by 380% to $0.24.
Funds from Operations (FFO) per Share increased by 56% to $0.39.
Adjusted Funds from Operations (AFFO) per Share increased by 37% to $0.37.
Investments totaled $322.2 million with a weighted average cash cap rate of 6.9%.
Revenue by Segment
Forward Guidance
The Company is increasing its guidance for AFFO per share on a fully diluted basis for 2022 to a range of $1.47 to $1.51 from its previously announced range of $1.46 to $1.50.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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