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Essential Properties Realty Trust reports Q1 adjusted FFO 42c, consensus 43c
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Essential Properties Realty Trust reports Q1 adjusted FFO 42c, consensus 43c

The company said, “The year has started off on a positive note, with our highest first quarter amount of investments since inception, reflecting favorable competitive dynamics and the benefits of our differentiated relationship-driven sale-leaseback platform. With a healthy portfolio and strong tenant credit trends, coupled with our conservative leverage position and strong liquidity, we are well-positioned to continue to invest accretively. Our favorable performance in the first quarter and a strong second quarter investment pipeline provide us with the support to increase the bottom end of our 2024 AFFO per share guidance range to $1.72 to $1.75.”

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