EPR Properties reports Q4 AFFO $1.27, consensus $1.25

FFOAA per share was $1.25. Reports Q4 revenue $178.7M, consensus $148.02M. "We delivered significant earnings growth in 2022, demonstrating our strong recovery and the resiliency of experiential investments," stated Greg Silvers, President and CEO of EPR Properties. "We are pleased that in the fourth quarter and in January and February of 2023, we have received all scheduled rent and deferral payments from Regal, and we are working with them through the bankruptcy process toward a resolution. During the year, we also reinitiated our investment spending platform, deploying capital in a disciplined manner across a variety of experiential assets, and have an actionable growth pipeline including capital already committed to forward projects. We maintain a well-covered dividend and continue to generate strong free cash flow, which along with our well-positioned balance sheet, should allow us to continue to grow our experiential portfolio."