Epr Properties: Q4 Earnings Snapshot

KANSAS CITY, Mo. (AP) — KANSAS CITY, Mo. (AP) — EPR Properties (EPR) on Wednesday reported a key measure of profitability in its fourth quarter. The results did not meet Wall Street expectations.

The Kansas City, Missouri-based real estate investment trust said it had funds from operations of $92.4 million, or $1.16 per share, in the period.

The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of $1.18 per share.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $39.5 million, or 52 cents per share.

The real estate investment trust, based in Kansas City, Missouri, posted revenue of $172 million in the period. Its adjusted revenue was $148.7 million, which beat Street forecasts. Four analysts surveyed by Zacks expected $145.4 million.

For the year, the company reported funds from operations of $416.1 million. Revenue was reported as $616.1 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EPR at https://www.zacks.com/ap/EPR