NYSE$EPR
EPR Properties · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported an increase in cash collections from tenants and borrowers.
EPR Properties reported first quarter results reflecting improved cash collections from tenants and borrowers. Approximately 71% of the Company's theatre properties were open as of April 30, 2021, and the company had cash on hand of $538.1 million at quarter-end.
- Cash collections from customers continue to improve and were approximately 72% of contractual cash revenue for the first quarter of 2021.
- Approximately 71% of the Company's theatre properties were open as of April 30, 2021.
- The Company received $13.7 million in net proceeds from property dispositions during the first quarter.
- The Company had cash on hand of $538.1 million at quarter-end.
Headline financials
Revenue & EPS history
EPR · Revenue · Quarterly
$112M
Revenue by segment
EPR · $112M total across 3 segments · Q1 2021
- Rental revenue$103M-24.0%91.8%
- Mortgage and financing income$8.47M+0.9%7.6%
- Other income$678K-91.0%0.6%
Forward guidance
EPR Properties anticipates that the US box office will continue to improve throughout the remainder of 2021.
Tailwinds
- Vaccination deployment expands.
- Consumers are exhibiting their desire to re-engage in the experiences that our customers offer them.
- Most markets are largely open.
- Capacity restrictions are easing.
- The much anticipated reopening of theatres across the country is underway.
Headwinds
- Local capacity restrictions.
- Limited film content.
- Challenging environment for theatre operators.
- Continued uncertainty related to the COVID-19 pandemic.
- No assurances as to the Company's ability to reinstitute cash dividend payments to common shareholders or the timing thereof.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-0.3%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+0.7%
Avg return
30 days after
44%
30 / 68 earnings
Positive
+7.8%
Q2 2012
Best reaction
-7.8%
Q4 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.7% | +3.3% | +1.7% | |
| Q4 2025 | +4.2% | +2.6% | -16.5% | |
| Q3 2025 | -5.9% | -5.0% | +0.3% | |
| Q1 2025 | +2.4% | +1.0% | +9.6% | |
| Q4 2024 | +1.6% | +3.2% | +0.8% | |
| Q3 2024 | -3.1% | -3.3% | -3.1% | |
| Q2 2024 | -1.0% | -4.8% | +3.8% | |
| Q1 2024 | +3.7% | +2.7% | +1.1% | |
| Q4 2023 | -1.0% | +1.2% | +2.3% | |
| Q3 2023 | -1.3% | -0.1% | +9.9% | |
| Q2 2023 | -4.4% | -3.0% | -0.4% | |
| Q1 2023 | +2.4% | +2.4% | +2.3% | |
| Q4 2022 | +1.2% | -1.4% | -15.2% | |
| Q3 2022 | -2.0% | +0.1% | +6.3% | |
| Q2 2022 | -1.1% | -2.5% | -19.2% | |
| Q1 2022 | +1.4% | -3.3% | -3.8% | |
| Q4 2021 | +4.2% | +6.7% | +12.4% | |
| Q3 2021 | -1.1% | -1.7% | -15.1% | |
| Q2 2021 | -2.3% | -4.3% | -5.0% | |
| Q1 2021 | +0.4% | -0.2% | +8.3% | |
| Q4 2020 | -3.9% | +1.2% | +1.4% | |
| Q3 2020 | -2.1% | +31.4% | +32.9% | |
| Q2 2020 | -0.4% | +9.7% | +13.7% | |
| Q1 2020 | -5.0% | -1.3% | +59.4% | |
| Q4 2019 | -3.8% | -13.2% | -60.8% | |
| Q3 2019 | -1.0% | -1.0% | -8.6% | |
| Q2 2019 | -0.6% | -2.1% | +4.8% | |
| Q1 2019 | +0.2% | +0.6% | -0.5% | |
| Q4 2018 | -1.0% | -2.9% | +3.3% | |
| Q3 2018 | +3.6% | +2.0% | +6.7% | |
| Q2 2018 | +1.1% | +4.6% | +6.7% | |
| Q1 2018 | +3.6% | +4.3% | +8.3% | |
| Q4 2017 | -7.8% | -3.9% | -4.0% | |
| Q3 2017 | -3.1% | -1.8% | -4.8% | |
| Q2 2017 | +0.5% | -0.8% | +1.0% | |
| Q1 2017 | -3.3% | -3.3% | -2.3% | |
| Q4 2016 | -1.3% | -2.6% | -5.4% | |
| Q3 2016 | -2.8% | -1.1% | -1.7% | |
| Q2 2016 | -0.8% | -1.7% | -3.2% | |
| Q1 2016 | +1.1% | — | — | |
| Q4 2015 | +3.2% | — | — | |
| Q3 2015 | +1.4% | — | — | |
| Q2 2015 | -1.8% | — | — | |
| Q1 2015 | -0.9% | — | — | |
| Q4 2014 | -3.1% | — | — | |
| Q3 2014 | -1.7% | — | — | |
| Q2 2014 | -3.2% | — | — | |
| Q1 2014 | -1.0% | — | — | |
| Q4 2011 | +2.2% | — | — | |
| Q4 2013 | +2.3% | — | — | |
| Q3 2013 | +0.9% | — | — | |
| Q2 2013 | +0.9% | — | — | |
| Q1 2013 | -1.0% | — | — | |
| Q4 2012 | +3.1% | — | — | |
| Q3 2012 | +2.9% | — | — | |
| Q2 2012 | +7.8% | — | — | |
| Q1 2012 | +1.7% | — | — | |
| Q3 2011 | +1.2% | — | — | |
| Q2 2011 | -5.9% | — | — | |
| Q1 2010 | -1.1% | — | — | |
| Q1 2011 | +0.0% | — | — | |
| Q4 2008 | -5.4% | — | — | |
| Q4 2010 | -5.4% | — | — | |
| Q3 2009 | +5.5% | — | — | |
| Q3 2010 | +5.5% | — | — | |
| Q2 2009 | -1.6% | — | — | |
| Q2 2010 | -1.6% | — | — | |
| Q4 2009 | -1.6% | — | — |
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