Essential Properties Realty Trust, Inc. (NYSE:EPRT) Q1 2022 Earnings Conference Call April 28, 2022 10:00 AM ET
Company Participants
Daniel Donlan - SVP & Head, Capital Markets
Peter Mavoides - President, CEO & Director
Gregg Seibert - EVP & COO
Mark Patten - EVP, CFO & Treasurer
Conference Call Participants
Greg McGinniss - Scotiabank
Michael Bilerman - Citi
Sheila McGrath - Evercore
Nathan Crossett - Berenberg
Caitlin Burrows - Goldman Sachs
John Massocca - Ladenburg
Joshua Dennerlein - Bank of America
Ki Bin Kim - Truist Securities
Operator
Good morning, ladies and gentlemen, and welcome to Essential Properties Realty Trust First Quarter 2022 Earnings Conference Call. The brief question and answer session will follow the formal presentation. [Operator Instructions]. This conference is being recorded, and a replay of the call will be available 2 hours after the completion of the call for the next two weeks.
The dial-in details for the replay can be found in today's press release. Additionally, there will be an audio webcast available on Essential Properties' website at www.essentialproperties.com, an archive of which will be available for 90 days.
It is now my pleasure to turn the call over to Dan Donlan, Senior Vice President and Head of Capital Markets at Essential Properties. Thank you, Dan. You may go ahead.
Daniel Donlan
Thank you, operator, and good morning, everyone. We appreciate you joining us today for Essential Properties' First Quarter 2021 Conference Call. Here with me today to discuss our operating results are Pete Mavoides, our President and CEO; Gregg Seibert, our COO; and Mark Patten, our CFO.
During this conference call, we will make certain statements that may be considered forward-looking statements under federal securities laws. The company's actual future results may differ significantly from the matters discussed in these forward-looking statements, and we may not release revisions to those forward-looking statements to reflect changes after the statements were made.
Factors and risks that could cause actual results to differ materially from expectations are disclosed from time to time in greater detail in the company's filings with the SEC and in yesterday's earnings press release.
With that, Pete, please go ahead.
Peter Mavoides
Thank you, Dan. And thank you to everyone who's joining us today for your interest in the Essential Properties. The first quarter was another strong quarter for the company as our portfolio experienced solid same stores rent growth, quarterly investment activity above our trailing eight quarter average, and leveraged moved down sequentially.