EPR Properties reports Q4 2023 FFOAA $1.18/sh, introduces 2024 guidance, increases dividend 3.6%

EPR PROPERTIES

2023-FY EPS reported $1.97 revenue$705,668,000

Q4 2023 FFOAA $1.18/sh (vs $1.25 last year); full-year FFOAA $5.18/sh, up 10.4% YoY.
2024 FFOAA guidance $4.76-$4.96/sh; investment spending $200-300M; disposition proceeds $50-75M.
Monthly dividend raised to $0.285/sh ($3.42 annualized), a 3.6% increase.
Executive VP & General Counsel Craig Evans retiring March 1; Paul Turvey to succeed as General Counsel.
Liquidity: $78.1M cash, $1.0B revolver undrawn; all debt fixed rate with $136.6M maturing in 2024.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Paul Turvey

General Counsel and Secretary

EPR · EPR PROPERTIES

Effective: 2024-03-01
Filed: February 28, 2024, 6:59 PM ET

Paul Turvey, who currently serves as Senior Vice President and Associate General Counsel, will assume the positions of General Counsel and Secretary upon Mr. Evans' retirement.

Departed

Craig L. Evans

Executive Vice President, General Counsel and Secretary

EPR · EPR PROPERTIES

Effective: 2024-03-01
Successor: Paul Turvey
Filed: February 28, 2024, 6:59 PM ET

On February 26, 2024, Craig L. Evans, the Company's Executive Vice President, General Counsel and Secretary, notified the Company that he will retire from the Company, effective March 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

EPR PROPERTIES updated its fourth quarter and year ended December 31, 2023 guidance (initiated).

Period: fourth quarter and year ended December 31, 2023
Guidance: initiated
Result: reported results

Exact text from the filing

On February 28, 2024, EPR Properties (the "Company") announced its results of operations and financial condition for the fourth quarter and year ended December 31, 2023. The public announcement was made by means of a press release, the text of which is set forth in Exhibit 99.1 hereto and is hereby incorporated by reference herein.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Paul Turvey was appointed as General Counsel and Secretary at EPR PROPERTIES.

Action: assume
Role: General Counsel and Secretary

Exact text from the filing

Paul Turvey, who currently serves as Senior Vice President and Associate General Counsel, will assume the positions of General Counsel and Secretary upon Mr. Evans' retirement.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Craig L. Evans departed as Executive Vice President, General Counsel and Secretary at EPR PROPERTIES.

Action: retire
Role: Executive Vice President, General Counsel and Secretary

Exact text from the filing

On February 26, 2024, Craig L. Evans, the Company's Executive Vice President, General Counsel and Secretary, notified the Company that he will retire from the Company, effective March 1, 2024.

View on SEC.gov

379 earnings releases filed in the last 30 days. Browse all earnings releases →

EPR PROPERTIES filing history →

Source: SEC EDGAR

accession 0001045450-24-000019

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