EPR Properties Posts $100.1M Third-Quarter Net Income
EPR sits 15% above its 52-week low of $48.105.
Summary
EPR Properties reported third-quarter net income of $100.1 million, with earnings per share of $1.22 and revenue of $204.1 million. The release still carries no FFOAA figure or guidance update, so the comparison to Q2's $1.42 FFOAA per share and raised $5.30–$5.50 full-year FFOAA range cannot yet be made. For a REIT, net income is the less-watched metric — FFO and AFFO are what drive the stock, and those numbers are not in this release. The prior quarter set a high bar: revenue up 10% year-over-year and $492 million deployed. Watch for FFOAA per share versus the $1.42 Q2 print and any change to the $5.30–$5.50 guidance range.
At the time of this announcement, EPR was trading at $55.51 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $4.3B. The 52-week trading range was $48.11 to $64.97. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.