【window screen d x71645】EPR Properties: 3Q Earnings Snapshot

时间:2024-09-29 12:24:20 来源:5 g 5 2 e l 2 8 u p 2 0 h 5 x z o 0 8 x m n j

KANSAS CITY,window screen d x71645 Mo. (AP) _ EPR Properties (EPR) on Wednesday reported a key measure of profitability in its third quarter. The results did not meet Wall Street expectations.

The real estate investment trust, based in Kansas City, Missouri, said it had funds from operations of $2.7 million, or 4 cents per share, in the period.

【window screen d x71645】EPR Properties: 3Q Earnings Snapshot


The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of 32 cents per share.

【window screen d x71645】EPR Properties: 3Q Earnings Snapshot


Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

【window screen d x71645】EPR Properties: 3Q Earnings Snapshot


The company said it had a loss of $91.9 million, or $1.23 per share.


The real estate investment trust posted revenue of $63.9 million in the period. Its adjusted revenue was $55.6 million, which also missed Street forecasts. Three analysts surveyed by Zacks expected $100.7 million.


The company's shares have dropped 66% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $23.80, a drop of 69% in the last 12 months.


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This story was generated by


Automated Insights


(http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a


Zacks stock report on EPR


at https://www.zacks.com/ap/EPR


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