EPR Props Q1 2024 FFO $1.13 Misses $1.15 Estimate, Sales $167.232M Beat $150.206M Estimate
Portfolio Pulse from Benzinga Newsdesk
EPR Props reported Q1 2024 FFO of $1.13 per share, missing the $1.15 estimate, and sales of $167.232M, beating the $150.206M estimate. This represents a 10.32% decrease in earnings and a 2.43% decrease in sales from the same period last year.
May 01, 2024 | 9:18 pm
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EPR Props reported a slight miss in FFO per share at $1.13 against estimates of $1.15, but outperformed on sales with $167.232M versus the $150.206M estimate for Q1 2024.
The slight miss in FFO per share might concern investors looking for steady earnings growth, but the significant beat on sales estimates could offset these concerns by indicating potential revenue growth. The mixed results present a neutral short-term outlook for EPR's stock price, as the sales beat might balance out the earnings miss in investors' eyes.
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