Real Estate·Diversified REITs·$6.8B
Essential Properties Realty Trust (EPRT) is a real estate investment trust (REIT) that focuses on acquiring and managing single-tenant properties. With a market cap of $7 billion, EPRT plays a significant role in the diversified REITs sector, which is influenced by trends in consumer spending and retail real estate.
EPS
Earnings per share (EPS) is a key indicator of profitability and will show how well EPRT is managing its properties and expenses.
Occupancy Rate
The occupancy rate reflects how many of EPRT's properties are leased, which is crucial for revenue generation.
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EPS Beat Streak
8Q
EPS Beat Rate
100%
Avg EPS Surprise
+11.84%
Avg Stock Reaction
-1.16%
In Q1 2026, EPRT reported an EPS of $0.54, surpassing estimates by nearly 15%. Despite this positive surprise, the stock dropped 2.67% the following day, indicating market caution.
Management Promises & Guidance
Overall, expectations for EPRT's upcoming earnings are mixed, with investors looking for continued growth in EPS and occupancy rates.
Bull Case
If EPRT reports strong EPS growth and high occupancy rates, it could signal robust demand for its properties, leading to a positive market reaction.
Bear Case
Conversely, if occupancy rates decline or if management provides cautious guidance, it could raise concerns about future revenue stability, leading to a negative reaction.
EPS
N/AEarnings per share (EPS) is a key indicator of profitability and will show how well EPRT is managing its properties and expenses.
Occupancy Rate
N/AThe occupancy rate reflects how many of EPRT's properties are leased, which is crucial for revenue generation.
Lease Expiration Schedule
N/AUnderstanding the lease expiration schedule helps gauge potential future revenue stability and risks.
The print will turn on these two things.
Q1
What is the current occupancy rate and how does it compare to previous quarters?
Occupancy rates are critical for revenue generation, and any significant change could impact investor confidence.
Q2
What is the outlook for lease renewals and expirations in the next quarter?
Understanding the lease expiration schedule will help assess potential revenue risks and stability.
Why consensus could be wrong
The Street may underestimate EPRT's ability to maintain high occupancy rates due to its strategic property acquisitions in growing markets.
Supporting Evidence
EPRT has consistently beaten EPS estimates, indicating strong operational performance.
The company's focus on single-tenant properties may provide stability in a fluctuating market.
Recent trends in consumer spending suggest increased demand for retail spaces, which could benefit EPRT.
Key Risk
If occupancy rates fall below 90%, it could undermine the positive outlook the Street has.
Pre-commit to what would confirm each case.
This quarter, the focus is on how well EPRT is managing its properties and maintaining occupancy, which are crucial for its revenue.
Bull Confirmed If
A reported EPS growth of over 15% alongside an occupancy rate above 95% would confirm the bullish outlook.
Bear Confirmed If
An occupancy rate below 90% or a decline in EPS would support the bearish case.
Implied Move
±N/A
There is no available options market data to gauge investor sentiment leading into the earnings report.
Likely market behavior by outcome — not investment advice.
Beat & Raise
If EPRT beats expectations, history suggests a modest positive reaction, potentially confirming strong demand for its properties.
In-Line / Cautious
If results are in line but management provides cautious commentary, the stock may react neutrally, reflecting market uncertainty.
Miss
Should EPRT miss expectations, history suggests a negative reaction, potentially leading to a drop in stock price.
AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.
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MEDPACE HLDGS INC
Jul 20, 2026