Business Context and Reporting Period
Company: Essential Properties Realty Trust, Inc. (EPRT)
Filing Type: Form 8-K (Current Report)
Date of Report: June 3, 2021
Reporting Period: The filing relates to a forward-looking announcement made on June 3, 2021, regarding the full year 2021 outlook.
Key Financial Metrics
This filing does not report historical revenue, profit, cash flow, margins, debt, or liquidity figures. The primary financial metric disclosed is a forward-looking guidance range:
- 2021 Adjusted Funds from Operations (AFFO): Expected to be between $1.24 and $1.28 per share on a fully diluted basis.
Material Changes
The filing does not disclose material changes to historical financial performance compared to prior periods. It serves solely to update investors on the Company's revised or initial expectations for the 2021 fiscal year.
Guidance, Outlook, and Management Commentary
Guidance: Management has issued a press release (Exhibit 99.1) projecting 2021 Adjusted Funds from Operations per share (fully diluted) within the range of $1.24 to $1.28.
Regulatory Status: The information provided in Item 7.01 and the attached press release is "furnished" and not "filed" under Section 18 of the Securities Exchange Act of 1934. Consequently, it is not subject to the liabilities of Section 18 and shall not be deemed incorporated by reference into other filings.
Investor Verification Checklist
- Verify the full text of the press release attached as Exhibit 99.1 for detailed assumptions behind the $1.24–$1.28 AFFO guidance.
- Confirm whether this guidance represents an update to previously issued estimates or a new initial forecast.
- Review subsequent filings (e.g., 10-Q or 10-K) to compare actual 2021 performance against this furnished guidance.
- Note that this 8-K does not contain audited financial statements or detailed balance sheet data.