PRINCETON, N.J. (AP) _ Essential Properties Realty Trust, Inc. (EPRT) on Wednesday reported third-quarter earnings of $12.3 million.

The Princeton, New Jersey-based company said it had profit of 13 cents per share.

The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 28 cents per share.

The company posted revenue of $42.9 million in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $40.4 million.

Essential Properties shares have fallen 32% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $16.87, a drop of 35% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EPRT at https://www.zacks.com/ap/EPRT

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News