EPR Props Q2 2024 FFO $1.22, Inline, Sales $173.095M Beat $156.548M Estimate
Portfolio Pulse from Benzinga Newsdesk
EPR Properties (NYSE:EPR) reported Q2 2024 earnings per share (EPS) of $1.22, meeting analyst expectations. The company also reported quarterly sales of $173.095 million, surpassing the analyst consensus estimate of $156.548 million by 10.57%. However, EPS decreased by 4.69% compared to the same period last year.
July 31, 2024 | 8:30 pm
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EPR Properties reported Q2 2024 EPS of $1.22, meeting expectations, and sales of $173.095 million, beating estimates by 10.57%. However, EPS decreased by 4.69% YoY.
The positive sales surprise is likely to have a short-term positive impact on the stock price, despite the YoY decline in EPS. Meeting EPS expectations and beating sales estimates by a significant margin generally boosts investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100