Essential Properties Realty Trust Q1 Earnings: Letting Fundamentals Catch Up To The Valuation

TL;DR

Reports differ across sources; according to finance.yahoo.com, key Points - Essential Properties reported Q1 results ahead of expectations with GAAP net income $60M and AFFO $105.8M, invested $389M across 126 sale-leasebacks (including a $147M Denny’s portfolio) and achieved 11% YoY AFFO/share growth.