Epr Properties  (EPRPRC)

Epr Properties Reports Break-Even Fourth Quarter Results Amidst Challenging Market Conditions

Stagnant Revenue and Net Losses Raise Concerns for Epr Properties Investors

Published Mar 01 2024 / Modified Mar 01 2024
CSIMarket Team / CSIMarket.com

pexels-photo-224924In the most recent financial fourth quarter of 2023, Epr Properties reported a break-even of $0.00 per share.
This is a significant decline from the $0.48 per share reported a year ago and from the $0.66 per share in the preceding financial reporting period.
The company's revenue remained unchanged at $0.00 million, compared to $178.70 million in the same period a year ago, and sequentially from $189.38 million.

Furthermore, Epr Properties recorded a net loss of $0.000 million in the financial fourth quarter of 2023, compared to net proceeds of $42.329 million in the comparable period a year before.
This suggests a significant downturn in the company's financial performance.

Another concerning factor is the increase in accounts receivable, which indicates rising demand.
The accounts receivables were valued at $63.7 million, higher than the preceding quarter.
This suggests that Epr Properties may be struggling to collect payments from its customers, which can impact its cash flow and profitability.

Looking at Epr Properties' fiscal 12 Months 2023 results, the company reported revenue of $705.67 million and net earnings of $173.05 million.
However, it is important to note that the earnings per share (EPS) decreased by -2.96% to $1.97 per share from $2.03 in the preceding fiscal 12 Months.
Furthermore, the revenue only advanced by 7.24% from $658.03 million a year ago.

These figures raise concerns about Epr Properties' overall financial health.
The decline in EPS suggests a decrease in profitability, while the modest increase in revenue indicates slower growth compared to previous periods.
This could be troublesome for investors looking for consistent and significant returns.

Additionally, the lack of significant revenue growth in the financial fourth quarter of 2023 raises doubts about the company's ability to generate sustained long-term growth.
This is concerning, especially considering the current economic climate and the challenges faced by the real estate industry.

In conclusion, Epr Properties' financial performance in the most recent quarter and throughout fiscal 12 Months 2023 has left much to be desired.
The significant decline in earnings per share, the net loss recorded, and the lackluster revenue growth all point to potential challenges ahead for the company.
Investors should approach Epr Properties with caution, as there are clear bearish indicators that suggest a potential downturn in the company's financial prospects.

Epr Properties's Dividend Growth

Epr Properties's Capital Expenditures Growth


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