earnings
confidence high
sentiment negative
materiality 0.75
EPR Q3 EPS $0.53, revenue $180.5M; hurricane damage leads to $12.1M impairment; guidance narrowed
EPR PROPERTIES
2024-Q3 EPS reported
$1.80
revenue$520,834,000
- Q3 net income to common shareholders $40.6M ($0.53 diluted EPS) vs $50.2M ($0.66) YoY.
- Total revenue $180.5M, down 4.7% YoY from $189.4M; FFOAA per share $1.30 vs $1.47.
- 2024 FFOAA per diluted share guidance narrowed to $4.80-$4.92 from $4.76-$4.96.
- Recognized $12.1M impairment on joint ventures from Hurricane Helene and Milton damage to two lodging properties.
- New $1.0B revolving credit facility signed in September, maturing October 2028 with improved terms.