earnings
confidence high
sentiment positive
materiality 0.75
EPR Properties Q2 FFOAA up 12.7%; raises 2026 guidance; new $1.6B credit facility
EPR PROPERTIES
- Q2 total revenue $196.1M (+10.1% YoY); FFOAA per share $1.42 (+12.7%); AFFO per share $1.43 (+15.3%).
- Investment spending Q2 $440.8M, including $304.4M acquisition of seven Six Flags attraction properties.
- New $1.6B credit agreement: $1.0B revolver extended to 2030, $600M term loan due 2032, accordion to $2.6B.
- 2026 FFOAA guidance raised to $5.41-$5.57 (midpoint +7.2% YoY); investment spending guidance raised to $600-$700M.
- Monthly common dividend $0.93 per share, annualized $3.72, up 5.1% YoY.