Anthony Paolone

Michael Carroll

Upal Rana

Robert Stevenson

Smedes Rose

Bennett Rose

Catherine Graves

Elizabeth Yang Doykan

Farrell Granith

Jana Galan

John Kalinowski

Kathryn Graves

Kyle Bonke

Michael Goldsmith

Mitch Germain

Nitin Kumar

Rob Stevenson

Spencer Allaway

Spenser Glimcher

William John Kilichowski

- EPR Properties reported **Q3 2025 FFO as adjusted per share of $1.37**, a **5.4% increase** year-over-year, and **AFFO per share of $1.39**, a **7.8% increase**.  **[0001045450_2215812_4]** 
- The company updated its **2025 guidance**, increasing **FFO as adjusted per share** to a range of **$5.05 to $5.13** (representing **4.5% growth** at the midpoint) and raising **disposition guidance** to **$150 million to $160 million**.  **[0001045450_2215812_5]** **[0001045450_2215812_6]**  Investment spending guidance was narrowed to **$225 million to $275 million**.  **[0001045450_2215812_3]** **[0001045450_2215812_5]** 
- EPR's balance sheet remains strong with **net debt to annualized adjusted EBITDAre at 4.9 times**, below its targeted range, enabling plans to materially accelerate capital deployment in **2026**.  **[0001045450_2215812_5]** **[0001045450_2215812_6]** 
- **Q3 2025 investment spending totaled $54.5 million**, exclusively in the experiential portfolio, which accounts for **94% of total investments** and is **99% leased or operated**.  **[0001045450_2215812_2]**

EPR Properties Reports Q3 2025 Results and Updates 2025 Guidance

- EPR reported **Q3 2025 Total Revenue of $182.3 million**, a 1.0% increase year-over-year, with **Net Income per share rising 49.1% to $0.79** and **AFFO per share increasing 7.8% to $1.39**.  **[0001045450_2212626:7]** 
- The company revised its **2025 FFO as adjusted per share guidance to $5.05 - $5.13** and **increased its disposition proceeds guidance to $150 million - $160 million**.  **[0001045450_2212626:8]** 
- EPR's total portfolio represents **~$6.9 billion in investments across 330 properties**, with **Q3 investment spending at $54.5 million** and year-to-date spending reaching **$140.8 million**.  **[0001045450_2212626:4]** **[0001045450_2212626:6]**  Total portfolio coverage remained strong at **2.0x** for the trailing twelve months ended September 2025.  **[0001045450_2212626:4]** 
- The North American Box Office Gross (NABOG) for the first three quarters of 2025 was **$6.5 billion, a 4% increase over 2024**, with full-year 2025 NABOG expectations between **$9 billion and $9.2 billion**.  **[0001045450_2212626:5]**

EPR Announces Q3 2025 Results and Updated 2025 Guidance

- **EPR Properties** reported **Q3 2025 total revenue of $182.3 million**, a **1.0% increase** year-over-year, with **net income available to common shareholders per diluted common share of $0.79** (up **49.1%**), **FFOAA per diluted common share of $1.37** (up **5.4%**), and **AFFO per diluted common share of $1.39** (up **7.8%**) compared to Q3 2024.  **[1045450_0001045450-25-000132_ex991-eprx9302025earningsr.htm:0]** 
- The company **updated its 2025 guidance**, increasing **FFOAA per diluted common share to a range of $5.05 to $5.13** (from $5.00 to $5.16) and **disposition proceeds to $150.0 million to $160.0 million** (from $130.0 million to $145.0 million).  **[1045450_0001045450-25-000132_ex991-eprx9302025earningsr.htm:0]** **[1045450_0001045450-25-000132_ex991-eprx9302025earningsr.htm:2]**  Investment spending guidance was narrowed to **$225.0 million to $275.0 million**.  **[1045450_0001045450-25-000132_ex991-eprx9302025earningsr.htm:0]** **[1045450_0001045450-25-000132_ex991-eprx9302025earningsr.htm:2]** 
- **Investment spending totaled $54.5 million** in Q3 2025, bringing year-to-date spending to **$140.8 million**. The company also sold properties for **$19.3 million in proceeds** during Q3 2025, with year-to-date disposition proceeds reaching **$133.8 million**.  **[1045450_0001045450-25-000132_ex991-eprx9302025earningsr.htm:0]** **[1045450_0001045450-25-000132_ex991-eprx9302025earningsr.htm:1]** 
- As of September 30, 2025, **EPR Properties maintained a strong liquidity position** with **$13.7 million in cash on hand** and **$379.0 million outstanding on its $1.0 billion unsecured revolving credit facility**, with no scheduled debt maturities until August 2026.  **[1045450_0001045450-25-000132_ex991-eprx9302025earningsr.htm:0]** **[1045450_0001045450-25-000132_ex991-eprx9302025earningsr.htm:1]**

EPR Properties Announces Q3 2025 Results and Updates 2025 Guidance

- EPR Properties reported **Total revenue of $182.3 million** for the third quarter ended September 30, 2025, a **1.0% increase** from the prior year, and **Net income available to common shareholders of $60.55 million**, up **49.1%**.  **[1045450_dd5825787a944339ae04a72725d2c4e4_0]**  **FFOAA per diluted common share was $1.37**, a **5.4% increase** compared to Q3 2024.  **[1045450_dd5825787a944339ae04a72725d2c4e4_0]** 
- The company **increased its FFOAA per diluted common share guidance for 2025 to a range of $5.05 to $5.13** from a previous range of $5.00 to $5.16, representing a **4.5% increase at the midpoint over 2024**.  **[1045450_dd5825787a944339ae04a72725d2c4e4_0]** **[1045450_dd5825787a944339ae04a72725d2c4e4_4]** 
- Investment spending for Q3 2025 totaled **$54.5 million**, bringing year-to-date investment spending to **$140.8 million**.  **[1045450_dd5825787a944339ae04a72725d2c4e4_0]** **[1045450_dd5825787a944339ae04a72725d2c4e4_1]**  Disposition proceeds for Q3 2025 were **$19.3 million**, contributing to year-to-date proceeds of **$133.8 million**.  **[1045450_dd5825787a944339ae04a72725d2c4e4_0]** **[1045450_dd5825787a944339ae04a72725d2c4e4_1]** 
- As of September 30, 2025, the company maintained a strong liquidity position with **$13.7 million of cash on hand** and **$379.0 million outstanding on its $1.0 billion unsecured revolving credit facility**, with no scheduled debt maturities until August 2026.  **[1045450_dd5825787a944339ae04a72725d2c4e4_0]** **[1045450_dd5825787a944339ae04a72725d2c4e4_1]**

EPR Properties Reports Strong Q3 2025 Results and Raises 2025 Guidance

EPR PROPERTIES (EPR)