EPR Properties (EPR) Tops Q1 EPS by 18c, Revenues Beat

EPR Properties (NYSE: EPR) reported Q1 EPS of ($0.04), $0.18 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $111.77 million versus the consensus estimate of $91.02 million.

CEO Comments

“Our first quarter results reflect the acceleration of cash collections from tenants and borrowers,” stated Greg Silvers, Company President and CEO. “We are increasingly optimistic about our outlook as vaccination deployment expands, and consumers are exhibiting their desire to re-engage in the experiences that our customers offer them. We are pleased that most markets are largely open, capacity restrictions are easing, and particularly that the much anticipated reopening of theatres across the country is underway. Having managed our business through the pandemic to preserve liquidity, we believe we are at an inflection point, and with increased visibility look forward to further stabilization and a return to growth.”

For earnings history and earnings-related data on EPR Properties (EPR) click here.

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