Essential Props Realty Q3 2024 FFO $0.43 Misses $0.48 Estimate, Sales $117.13M Beat $113.10M Estimate
Portfolio Pulse from Benzinga Newsdesk
Essential Props Realty (NYSE:EPRT) reported Q3 2024 earnings per share of $0.43, missing the consensus estimate of $0.48. However, the company exceeded sales expectations with $117.13 million, a 27.79% increase from the previous year.
October 23, 2024 | 8:06 pm
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Essential Props Realty's Q3 2024 earnings per share missed expectations at $0.43, but sales exceeded estimates at $117.13 million, showing a significant year-over-year increase.
The earnings miss could negatively impact investor sentiment, but the strong sales performance and significant year-over-year growth may offset this. The mixed results suggest potential short-term volatility in the stock price.
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