EPR Properties reports Q1 AFFO per share $1.30, consensus $1.23

Reports Q1 revenue $171.4M, consensus $144.3M. "Our strong momentum from last year continued into the start of 2023. We are pleased with the strong recovery and the resilience of our experiential investments, as consumers continue to allocate post-pandemic discretionary spend on the drive-to, value-oriented leisure and entertainment options that our customers offer. Additionally, we have collected all scheduled rent and deferral payments through April from Regal as we continue working with them through the bankruptcy process toward a resolution. Our strong liquidity position allows us to deploy capital in a disciplined manner across a variety of experiential properties, including having a committed pipeline that we will fund in the coming quarters. With a durable income stream, an ongoing recovery, and additional growth from our investment pipeline, we are encouraged by our outlook for the year," said Greg Silvers, Chairman and CEO of EPR Properties.