Loading...
•
Dec 31, 2023
EPR Q4 2023 Earnings Report
Reported strong earnings growth and executed on investment spending.
Key Takeaways
EPR Properties announced positive momentum with strong earnings growth and the execution of investment spending. The company's customers' businesses showed sustained strength, with continued consumer spending on experiences and strong North American box office growth. A 3.6% increase in the monthly dividend to common shareholders was also announced.
Investment spending totaled $133.9 million, bringing the total investment spending for the year to $269.4 million.
Cash on hand was $78.1 million, with no borrowings on the $1.0 billion unsecured revolving credit facility.
FFOAA per diluted common share guidance for 2024 is introduced at $4.76 to $4.96.
An increase in the monthly dividend of 3.6% was announced.
Revenue by Segment
Forward Guidance
The Company is introducing its 2024 guidance for FFOAA per diluted common share of $4.76 to $4.96, representing an increase of 3.2% at the midpoint over 2023 after excluding the impact from both years of out-of-period deferred rent and interest collections from cash-basis customers included in income.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...