---
schema_version: "secwatch.filing_event.v1"
accession: "0001045450-23-000063"
form_type: "8-K"
ticker: "EPR"
cik: "0001045450"
company_name: "EPR PROPERTIES"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T11:07:32.134246+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# EPR Properties Q2 FFOAA per share $1.28, up 9% YoY; guides FY2023 FFOAA $5.05-$5.15

## Summary
- Net income $7.6M ($0.10 diluted) vs $34.9M ($0.46) prior year, includes $42.4M impairment on Regal surrendered properties.
- FFOAA per diluted share $1.28 vs $1.17 prior year; AFFO per share $1.31 vs $1.23; revenue $172.9M up 8%.
- Regal restructuring effective July 31: new master lease for 41 theatres with $65M annual rent, 10% escalation every 5 years.
- FY2023 FFOAA guidance $5.05-$5.15 per share (9% midpoint growth); investment spending $200-$300M.
- Liquidity: $99.7M cash, $1B revolver undrawn; all debt fixed-rate, next maturity 2024; collected $135M COVID deferred rent.

## SEC filing metadata
- accession: 0001045450-23-000063
- form_type: 8-K
- ticker: EPR
- cik: 0001045450
- company_name: EPR PROPERTIES
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045450/000104545023000063/0001045450-23-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045450/000104545023000063/epr-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001045450-23-000063
- JSON: https://secwatch.observer/filing/0001045450-23-000063.json
- Plain text: https://secwatch.observer/filing/0001045450-23-000063.txt

## Key facts
- Earnings Releases
  EPR PROPERTIES reported second quarter and six months ended June 30, 2023 results: revenue $ 172,907, net income 7,560, EPS 0.10. Guidance initiated.
  - Period: second quarter and six months ended June 30, 2023
  - Revenue: $ 172,907
  - Net income: 7,560
  - EPS: 0.10
  - Guidance: initiated
  - Result: reported results
  source text: the second quarter ended June 30, 2023 (dollars in thousands, except per share data): Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Total revenue $ 172,907 $ 160,446 $ 344,303 $ 317,918 Net income available to common shareholders 7,560 34,876 59,184 71,035 Net income available to common shareholders per diluted common share 0.10 0.46
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045450/000104545023000063/0001045450-23-000063-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.