Essential Properties Realty Trust, Inc. (NYSE:EPRT) Q2 2024 Earnings Conference Call July 25, 2024 10:00 AM ET
Company Participants
Rob Salisbury – Head-Capital Markets
Pete Mavoides – President and Chief Executive Officer
Mark Patten – Chief Financial Officer
AJ Peil – Head-Asset Management
Conference Call Participants
Haendel St. Juste – Mizuho
Greg McGinniss – Scotiabank
Eric Borden – BMO Capital Markets
Caitlin Burrows – Goldman Sachs
Smedes Rose – Citibank
Ki Bin Kim – Truist Securities
Michael Goldsmith – UBS
John Massocca – B. Riley Securities
Josh Dennerlein – Bank of America
Spenser Allaway – Green Street Advisors
Elmer Chang – Scotiabank
Operator
Good morning, ladies and gentlemen, and welcome to Essential Properties Realty Trust Second Quarter 2024 Earnings Conference Call. At this time all participants are on the listen-only mode. A 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 two hours after the completion of the call for the next few weeks. The dial-in details for the replay can be found in yesterday's press release. Additionally, there will be an audio webcast available on the Essential Properties' website at www.essentialproperties.com, an archive of which will be available for 90 days.
On the call this morning are Pete Mavoides, President and Chief Executive Officer; Mark Patten, Chief Financial Officer; Rob Salisbury, Head of Capital Markets; Max Jenkins, Head of Investments; and AJ Peil, Head of Asset Management.
It is now my pleasure to turn the call over to Rob Salisbury.
Rob Salisbury
Thank you, operator. Good morning, everyone, and thank you for joining us today for Essential Properties' second quarter 2024 earnings conference call. During this conference call, we will make certain statements that may be considered forward-looking statements under Federal Securities law. 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, I'll turn the call over to Pete.
Pete Mavoides
Thank you, Rob, and thank you to everyone joining us today for your interest in Essential Properties. On our first quarter earnings call, we discussed how our business is well suited for the current market environment, which has been characterized by tight lending standards and volatile capital markets. Our position as a reliable and consistent long-term capital provider to our middle market relationships is highly valued. Against this backdrop, our second quarter results continued to showcase the strengths of our business model with a well-capitalized balance sheet, and a value proposition of providing growth capital in our targeted industries.