Essential Properties Realty Trust Inc (EPRT, Financial) is set to release its Q3 2024 earnings on Oct 24, 2024. The consensus estimate for Q3 2024 revenue is $113.10 million, and the earnings are expected to come in at $0.31 per share. The full year 2024's revenue is expected to be $438.73 million and the earnings are expected to be $1.17 per share. More detailed estimate data can be found on the Forecast page.
Essential Properties Realty Trust Inc (EPRT, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Essential Properties Realty Trust Inc (EPRT) for the full year 2024 have increased from $434.05 million to $438.74 million, and for 2025, from $508.60 million to $519.54 million. Earnings estimates have also risen, with the full year 2024 increasing from $1.16 per share to $1.17 per share, and for 2025, from $1.23 per share to $1.26 per share.
Essential Properties Realty Trust Inc (EPRT, Financial) Reported History
In the previous quarter of June 30, 2024, Essential Properties Realty Trust Inc's (EPRT) actual revenue was $109.27 million, which beat analysts' revenue expectations of $106.41 million by 2.68%. Essential Properties Realty Trust Inc's (EPRT) actual earnings were $0.29 per share, which missed analysts' earnings expectations of $0.295 per share by -1.69%. After releasing the results, Essential Properties Realty Trust Inc (EPRT) was down by -1.42% in one day.
Essential Properties Realty Trust Inc (EPRT, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 16 analysts, the average target price for Essential Properties Realty Trust Inc (EPRT) is $34.70 with a high estimate of $39 and a low estimate of $29.50. The average target implies an upside of 2.61% from the current price of $33.82.
Based on GuruFocus estimates, the estimated GF Value for Essential Properties Realty Trust Inc (EPRT, Financial) in one year is $32.56, suggesting a downside of -3.73% from the current price of $33.82.
Based on the consensus recommendation from 16 brokerage firms, Essential Properties Realty Trust Inc's (EPRT, Financial) average brokerage recommendation is currently 1.8, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
