secwatch.observer — SEC 8-K summary
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Issuer:     EPR PROPERTIES (EPR)
CIK:        0001045450
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001045450-23-000037
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EPR Properties Q1 net income up 44% to $0.69/share; FFOAA $1.26; Regal bankruptcy overhang persists
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- Total revenue $171.4M, up 8.8% YoY; net income available to common $51.6M ($0.69 diluted) vs $0.48.
- FFOAA per diluted share $1.26, up 15% YoY; AFFO per share $1.30, up 12%.
- Investment spending $66.5M in Q1; committed pipeline of $245M for experiential projects.
- Regal paying rent through Apr 2023 but negotiations on lease rejections ongoing; no 2023 earnings guidance due to uncertainty.
- Cash $96.4M, no revolver borrowings; all debt fixed-rate with no maturities until 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1045450/000104545023000037/0001045450-23-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1045450/000104545023000037/epr-20230426.htm
  HTML page:      https://secwatch.observer/filing/0001045450-23-000037

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