Sign Up

Essential Props Realty's Earnings: A Preview

Essential Props Realty (NYSE:EPRT) is gearing up to announce its quarterly earnings on Wednesday, 2024-10-23. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Essential Props Realty will report an earnings per share (EPS) of $0.44.

Anticipation surrounds Essential Props Realty's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Performance in Previous Earnings

During the last quarter, the company reported an EPS missed by $0.00, leading to a 1.42% drop in the share price on the subsequent day.

Here's a look at Essential Props Realty's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.43

0.46

EPS Actual

0.43

0.42

0.42

0.42

Price Change %

-1.0%

-2.0%

1.0%

4.0%

Performance of Essential Props Realty Shares

Shares of Essential Props Realty were trading at $33.89 as of October 21. Over the last 52-week period, shares are up 64.56%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Opinions on Essential Props Realty

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Essential Props Realty.

The consensus rating for Essential Props Realty is Buy, based on ...