filecrux
Oct 29, 12:08 AM
$EPR Can EPR hold fourth-quarter FFOAA near the
$1.49 it just reported, when its 2026 guide implies
$1.33-
$1.41?
🏢 EPR Properties, a REIT with about
$6.2B of assets in theatres, eat & play, ski and fitness venues, reported third-quarter FFOAA of
$1.49 a share, up 8.8%, on revenue of
$204.1M, up 12.0%
⚠️ Year-to-date FFOAA through September is
$4.16 a share, which leaves
$1.33-
$1.41 for October to December under the guide, under the
$1.49 just reported; Q3 carried
$9.8M of percentage rent and participating interest, and the
$21.5M-
$24.5M full-year guide leaves only about
$4.3M-
$7.3M of it for Q4
📈 In return for the new debt and shares, EPR lifted 2026 investment spending guidance to
$675M-
$725M from
$600M-
$700M after investing
$172.4M in the quarter at an average initial cash yield of about 8.3%
📅 Next: Management hosts its conference call on October 29, 2026 at 8:30 a.m. Eastern Time
Source: SEC 8-K, Oct 28 (Q3 2026 results)
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