Essential Properties Realty Trust (EPRT) reported Q2 adjusted funds from operations late Wednesday of $0.50 per diluted share, up from $0.46 a year earlier.

Analysts polled by FactSet expected $0.51.

Revenue for the three months ended June 30 was $161.9 million, up from $137.1 million a year earlier.

Analysts expected $156.6 million.

The company raised its full-year 2026 AFFO guidance to $2.01 to $2.05 from $2 to $2.05 earlier. Analysts expect $2.04.