EPR Properties Q4 2024 Earnings Call: Key Insights
On February 27, 2025, EPR Properties (NYSE: EPR) held its Q4 2024 earnings call, where company executives provided updates on the company’s financial performance and strategic initiatives. The call was led by Brian Moriarty, Senior Vice President of Corporate Communications, and featured remarks from Greg Silvers, Chairman and CEO, Greg Zimmerman, Executive Vice President and CIO, and Mark Peterson, Executive Vice President and CFO.
Company Participants
Brian Moriarty opened the call by welcoming participants and asking them to hold all questions until the completion of the formal remarks. He then introduced the company executives:
- Greg Silvers – Chairman and CEO
- Greg Zimmerman – Executive Vice President and CIO
- Mark Peterson – Executive Vice President and CFO
Conference Call Participants
The call was also attended by several analysts, including:
- Rob Stevenson – Janney Montgomery Scott
- Anthony Paolone – JPMorgan
- Bennett Rose – Citi
- Michael Goldsmith – UBS
- Michael Carroll – RBC Capital Markets
- Upal Rana – KeyBanc Capital Markets
Financial Performance
During the call, Greg Peterson provided a detailed review of EPR Properties’ financial performance for Q4 2024. He highlighted the following key points:
- Total revenues for the quarter were $352.5 million, a 5% increase from the same period in the previous year.
- Funds from operations (FFO) were $132.9 million, a 3% increase from the previous year.
- Net income attributable to common stockholders was $81.5 million, a 12% decrease from the previous year.
Peterson attributed the decrease in net income to higher interest expenses and increased depreciation and amortization costs.
Strategic Initiatives
Greg Silvers and Greg Zimmerman discussed several strategic initiatives that EPR Properties is pursuing to drive growth. These include:
- Expanding its entertainment and recreation portfolio through acquisitions and development projects.
- Increasing its presence in the active lifestyle sector, including fitness centers and golf courses.
- Exploring opportunities in international markets.
Impact on Individual Investors
For individual investors, EPR Properties’ Q4 2024 earnings call provided valuable insights into the company’s financial performance and growth initiatives. The company’s strong revenue growth and steady FFO are positive signs, while the decrease in net income may be a concern for some investors. However, the company’s strategic initiatives in entertainment and recreation, active lifestyle, and international markets offer potential for long-term growth.
Impact on the World
On a larger scale, EPR Properties’ earnings call highlights the ongoing trend towards experiential real estate and the growing demand for entertainment and recreational spaces. As consumers continue to prioritize experiences over material possessions, companies like EPR Properties that focus on creating engaging and memorable experiences are well-positioned to thrive.
Conclusion
EPR Properties’ Q4 2024 earnings call provided investors with valuable insights into the company’s financial performance and strategic initiatives. While the decrease in net income may be a concern for some, the company’s strong revenue growth and growth initiatives in entertainment and recreation, active lifestyle, and international markets offer potential for long-term growth. On a larger scale, the call underscores the ongoing trend towards experiential real estate and the growing demand for entertainment and recreational spaces.
As always, individual investors should conduct their own research and consult with a financial advisor before making investment decisions.
