EPR Properties (EPR) reported quarterly earnings results on Thursday, Apr-28-2016. The company reported $1.17 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $1.19. The company posted revenue of $118.76 million in the period, compared to analysts expectations of $116.90 million. The company’s revenue was up 19.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.03 EPS.
Many Wall Street Analysts have commented on EPR Properties. EPR Properties was Downgraded by Ladenburg Thalmann to ” Neutral” on Mar 3, 2016. Company shares were Reiterated by FBR Capital on Feb 25, 2016 to “Mkt Perform”, Firm has raised the Price Target to $ 64 from a previous price target of $62 .
EPR Properties closed down -0.15 points or -0.23% at $65.17 with 3,02,636 shares getting traded on Wednesday. Post opening the session at $65.49, the shares hit an intraday low of $64.42 and an intraday high of $65.625 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
In a different news, on Mar 18, 2016, Morgan G Ii Earnest (Sr. Vice President and CIO) sold 5,000 shares at $64.30 per share price. According to the SEC, on Mar 3, 2016, Robert J Druten (director) sold 5,000 shares at $61.90 per share price. On Dec 17, 2015, Peter C Brown (director) sold 6,060 shares at $56.76 per share price, according to the Form-4 filing with the securities and exchange commission.
EPR Properties (EPR) is a self-administered real estate investment trust (REIT). The Companys investment portfolio includes entertainment education and recreation properties. The Companys properties are located in 37 states the District of Columbia and in the Canadian province of Ontario. The Company operates in four segments: Entertainment which includes megaplex theatres entertainment retail centers (centers anchored by an entertainment component such as a megaplex theatre or live performance venue and containing other entertainment-related or retail properties) family entertainment centers and other retail parcels; Education which consists of investments in public charter schools early education centers and K-12 private schools; Recreation which includes metro ski parks water-parks and golf entertainment complexes and Other properties which consists of Adelaar casino and resort project in Sullivan County New York.