EPR Properties Q2 net income rises 78%, raises guidance

EPR Properties

30/07/2025 21:52

Overview

EPR Properties Q2 2025 rev grows 2.9% yr/yr to $178.1 mln

Net income for Q2 rises 78.2% yr/yr to $69.6 mln

Co raises 2025 disposition proceeds guidance, reflecting outpacing of capital recycling plan

Outlook

EPR Properties confirms 2025 FFOAA guidance of $5.00 to $5.16 per share

Company maintains 2025 investment spending guidance of $200 mln to $300 mln

EPR Properties raises 2025 disposition proceeds guidance to $130 mln-$145 mln

Result Drivers

INVESTMENT SPENDING - EPR Properties invested $48.6 mln in its investment pipeline during Q2, with year-to-date spending reaching $86.3 mln

CAPITAL RECYCLING - Co sold three theatre properties for $35.6 mln, recognizing a net gain of $16.8 mln, and plans to sell more vacant properties

EXPERIENTIAL PROJECTS - Committed $109.0 mln for experiential development and redevelopment projects over the next 18 months

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$178.07 mln
Q2 Net Income
$69.60 mln
Q2 Adjusted FFO Per Share
$1.24
Q2 Operating Income
$111.25 mln
Q2 Pretax Profit
$76.32 mln
Q2 Property Operating Expenses
$14.66 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 5 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the diversified reits peer group is "buy"

Wall Street's median 12-month price target for EPR Properties is $56.00, about 1.9% below its July 29 closing price of $57.04

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nBw56N4kha

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)