earnings
confidence high
sentiment positive
materiality 0.85
EPR Properties Q3 net income $0.35/sh, raises 2021 FFOAA guidance to $2.95-$3.01
EPR PROPERTIES
2021-Q3 EPS reported
$0.48
revenue$376,774,000
- Revenue $139.6M vs $63.9M YoY; diluted EPS $0.35 vs ($1.23) loss.
- Raises 2021 FFOAA guidance to $2.95-$3.01 per share from $2.76-$2.86.
- Cash collections 90% of contractual revenue in Q3; collected $11.3M deferred rent/interest.
- New $1.0B revolver maturing Oct 2025; issued $400M notes at 3.60% to redeem $275M 5.25% notes due 2023.
- S&P upgraded unsecured debt to BBB- stable; Moody's outlook raised to stable.