NYSE$EPR
EPR Properties · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Reported strong earnings growth and executed on investment spending.
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.
Headline financials
Revenue & EPS history
EPR · Revenue · Quarterly
$172M
Revenue by segment
EPR · $189M total across 3 segments · Q3 2023
- Rental revenue$164M+16.7%86.6%
- Other income$14.4M+27.0%7.6%
- Mortgage and financing income$11M+15.1%5.8%
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.
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 Q4 2023
-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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro