EPR Properties: Fourth Quarter Earnings Overview

EPR Properties Exceeds Earnings Expectations in Fourth Quarter

EPR Properties, a real estate investment trust headquartered in Kansas City, Missouri, announced its fourth-quarter financial results on Wednesday, surpassing analyst forecasts.

During the quarter, the company reported funds from operations totaling $105.2 million, which translates to $1.30 per share.

Analysts polled by Zacks Investment Research had anticipated funds from operations of $1.29 per share, making the actual results slightly higher than expected.

Funds from operations, a key performance indicator in the REIT sector, is calculated by adding back non-cash expenses like depreciation and amortization to net income.

EPR Properties also reported a net income of $60.9 million, or $0.79 per share, for the quarter.

Total revenue for the period reached $183 million, with adjusted revenue coming in at $157.1 million—both figures exceeding analyst projections. Zacks had estimated adjusted revenue at $155.6 million, based on input from four analysts.

For the full year, EPR Properties posted funds from operations of $413.7 million and total revenue of $608.6 million.

This article was produced by Automated Insights using financial data from Zacks Investment Research.