---
schema_version: "secwatch.filing_event.v1"
accession: "0001045450-23-000071"
form_type: "8-K"
ticker: "EPR"
cik: "0001045450"
company_name: "EPR PROPERTIES"
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T09:43:24.397872+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# EPR Properties Q3 FFOAA $1.47 beats; raises FY23 FFOAA guidance to $5.10-$5.18

## Summary
- Total revenue $189.4M (+17% YoY); net income $50.2M ($0.66 diluted EPS) vs $44.8M ($0.60) in Q3 2022.
- Regal master lease effective Aug 1 with $65M annual rent; Santikos acquisition paid $11.6M deferred rent, booked as revenue.
- Collected $19.3M deferred rent in Q3; over $150M collected since COVID-19 pandemic.
- Strong liquidity: $173M cash, no revolver draw, all debt fixed-rate with only $136.6M maturing in 2024.
- 2023 FFOAA guidance raised to $5.10-$5.18 from $5.05-$5.15; investment spending narrowed to $225M-$275M.

## SEC filing metadata
- accession: 0001045450-23-000071
- form_type: 8-K
- ticker: EPR
- cik: 0001045450
- company_name: EPR PROPERTIES
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045450/000104545023000071/0001045450-23-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045450/000104545023000071/epr-20231025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001045450-23-000071
- JSON: https://secwatch.observer/filing/0001045450-23-000071.json
- Plain text: https://secwatch.observer/filing/0001045450-23-000071.txt

## Key facts
- Earnings Releases
  EPR PROPERTIES reported 2023 results: EPS 5.10 to 5.18. Guidance raised.
  - Period: 2023
  - EPS: 5.10 to 5.18
  - Guidance: raised
  - Result: guidance update
  source text: The Company is increasing FFOAA per diluted common share guidance for 2023 from a range of $5.05 to $5.15 to a range of $5.10 to $5.18
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045450/000104545023000071/0001045450-23-000071-index.htm

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