secwatch.observer — SEC 8-K summary
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Issuer:     EPR PROPERTIES (EPR)
CIK:        0001045450
Form:       8-K
Filed at:   2022-08-01T23:59:59+00:00
Accession:  0001045450-22-000072
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EPR Properties Q2 FFOAA per share $1.17 vs $0.68 YoY; raises 2022 FFOAA guidance to $4.50-$4.60
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- Total revenue $160.4M (+28% YoY); net income available to common $34.9M ($0.46 diluted EPS) vs $12.5M ($0.17) prior year.
- Raises 2022 FFOAA per diluted share guidance to $4.50-$4.60 from $4.39-$4.55; confirms investment spending $500M-$700M.
- Investment spending YTD $239.2M, including $142.8M for two Canadian attractions and $50.6M for an experiential lodging interest.
- Credit loss expense $9.5M on two notes receivable for one eat & play borrower; total deferred rent collected exceeds $100M since pandemic onset.
- Portfolio 97% leased; liquidity $168.3M cash, no revolver borrowings, all fixed-rate debt with no maturities until 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1045450/000104545022000072/0001045450-22-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1045450/000104545022000072/epr-20220801.htm
  HTML page:      https://secwatch.observer/filing/0001045450-22-000072

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