Capital Com MENA Securities Trading LLC is regulated by the Capital Market Authority.
Open platformOpen platform

EPR Properties Q3 AFFO per share rises; raises FY2026 earnings outlook

By Reuters News


Overview

  • US experiential REIT's Q3 revenue grew 12% yr/yr

  • Q3 AFFO per share rose 10.8% yr/yr

  • Company raised 2026 FFOAA per share and investment spending guidance


Outlook

  • EPR Properties raises 2026 FFOAA per diluted share guidance to $5.49-$5.57 from $5.41-$5.57

  • Company lifts 2026 net income guidance to $3.41-$3.49 per diluted share from $3.03-$3.19

  • EPR Properties increases 2026 investment spending outlook to $675 mln-$725 mln from $600 mln-$700 mln


Result Drivers

  • INVESTMENT ACTIVITY - Co invested $172.4 mln in Q3 across eat-and-play, fitness, wellness, lodging and live venue properties

  • PORTFOLIO EXPANSION - Co highlighted broadening of experiential portfolio and new relationships, including entry into live venue category and addition of Life Time fitness property, per CEO Greg Silvers


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

$204.10 mln

Q3 Net Income Available to Common Shareholders

$94.14 mln

Q3 AFFO Per Diluted Share

$1.54

Q3 Operating Income

$139.26 mln

Q3 Pretax Profit

$100.90 mln

Q3 Property Operating Expenses

$15.70 mln


Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 6 "hold" and 1 "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 $64.00, about 14.3% above its October 27 closing price of $56.01

  • The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 19 three months ago


Reuters Recommended Reads

  • Oct 26 - Welltower Q3 normalized FFO per share rises 25%, guidance raised

  • Oct 27 - American Assets Trust Q3 FFO rises on higher rental rates; lifts outlook

  • Oct 27 - WP Carey Q3 revenue beats estimates, raises annual AFFO forecast on strong investment activity


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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.)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.