secwatch.observer — SEC 8-K summary
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Issuer:     EPR PROPERTIES (EPR)
CIK:        0001045450
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001045450-22-000051
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EPR Properties Q1 revenue $157.5M, FFOAA $1.10/sh; raises 2022 FFOAA guidance to $4.39-$4.55
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- Total revenue $157.5M, up 41% YoY; net income available to common $36.2M ($0.48 diluted) vs loss of $2.7M in Q1 2021.
- FFOAA per share $1.10 vs $0.48 prior year; AFFO per share $1.16. 2022 FFOAA guidance raised to $4.39-$4.55 from $4.30-$4.50.
- Investment spending YTD $90.5M; confirms 2022 investment guidance $500M-$700M.
- Fitch upgraded to investment grade 'BBB-' with stable outlook; liquidity $323.8M cash, no revolver borrowings.
- Portfolio 96.3% leased; collected $10.2M deferred rent in Q1; total COVID-19 deferred rent collected ~$91M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1045450/000104545022000051/0001045450-22-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1045450/000104545022000051/epr-20220504.htm
  HTML page:      https://secwatch.observer/filing/0001045450-22-000051

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