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Dec 31, 2022
Essential Properties Q4 2022 Earnings Report
Essential Properties reported Q4 2022 results with net income per share of $0.25 and AFFO per share of $0.39.
Key Takeaways
Essential Properties Realty Trust announced its Q4 2022 results, featuring investments of $328.4 million at a 7.5% weighted average cash cap rate. The company reiterated its 2023 AFFO guidance of $1.58 to $1.64 per share.
Invested $328.4 million in 115 properties with a weighted average cash cap rate of 7.5%.
Disposed of 26 properties for net proceeds of $75.5 million with a weighted average cash cap rate of 6.9%.
Net income per share increased by 4% to $0.25.
AFFO per share increased by 5% to $0.39.
Revenue by Segment
Forward Guidance
The Company reiterates its previously issued expectation that 2023 AFFO per share on a fully diluted basis will be within a range of $1.58 to $1.64.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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