EPR Properties reports Q1 adjusted FFO $1.21, consensus $1.19

Reports Q1 revenue $175M. The company said, “We are pleased to have delivered solid earnings growth in the first quarter and increase our guidance for the full year. We continue to see resilience at our experiential properties, as many consumers prioritize drive-to value oriented experiences, particularly in times of uncertainty. We also continue to make meaningful progress in our ongoing recycling strategy, as we recycle theatre and education assets and accretively redeploy capital into our target experiential sectors. With healthy rent coverage and a prudently positioned balance sheet, we remain encouraged by our outlook and growth opportunities.”