EPR Properties (EPR) Earnings Call Transcripts

EPR Properties's Latest Earnings Call - June 2, 2026

In the Q2 2026 earnings call for EPR Properties, management reported strong performance driven by the resilience of their experiential portfolio, with revenue guidance raised to $550 million, reflecting a 6.5% growth expectation. The company highlighted a robust recovery in the theater segment, with box office revenues up 12% year-to-date, and maintained a stable coverage ratio of 2x for their properties. Management's positive outlook on the experiential economy and strategic acquisitions, such as the $300 million Six Flags deal, positions EPR favorably for future growth.

Reported metrics

Guidance from management

Management maintained a positive outlook, raising investment guidance to $550 million and projecting a growth rate of 6.5%. They indicated confidence in sustaining this growth trajectory moving forward.

What management said

The -- it's the rare exception for us to have a shiny package put in front of us. Most of the time, it's our team working with folks in the industry who might be new to doing sale leaseback or using net lease capital and we are working with them and creating these relationships, some of which take 2, 3 years to develop, and it creates a very attractive moat for our business in these relationships.

No, I think that's exactly right. And just to add on that, really, the wellness side captures all of it. And when you think about the Gen Z, the youngest cohort, even alpha, and the concept of iPad kids and the children wanting to be plugged in, the opposite is really happening, right? They are 40% of attendance in movie theaters. They are craving and seeking in real life experiences and the properties in which we in...

What analysts pressed on

Analysts expressed concerns about the potential impact of high gas prices on consumer spending and visitation rates. There were inquiries about how these factors might influence future acquisitions and overall portfolio performance.

Main topics on the call

• Revenue Growth and Guidance — EPR raised its investment guidance to $550 million, implying a growth rate of 6.5%, which is at the high end compared to peers. CEO Greg Silvers stated, "We think we're well positioned not only to continue to replicate t...
• Theater Segment Recovery — The theater business is showing signs of recovery with a 12% increase in box office revenues through May 31. Silvers noted, "The forecast not only for this year but next year and beyond is for escalating box office, whic...
• Acquisition Strategy — EPR's recent acquisition of Six Flags for $300 million is expected to enhance growth, with parks performing well post-acquisition. Silvers remarked, "We feel like we're well positioned as it moves into their operating se...
• Capital Recycling and Portfolio Management — Management is focused on capital recycling, particularly reducing exposure to education and theater properties. Silvers stated, "We probably sold 35 theaters... but all of that is to build that pot upon which we can rein...

Read the full EPR Properties transcript (June 2, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 70 EPR Properties earnings call transcripts on record, spanning January 30, 2020 to July 30, 2026. Based on this history, EPR Properties reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

EPR

Exchange

NYSE

Country

US

Sector

Real Estate

Industry

Specialized REITs

Calls on record

70

First call

January 30, 2020

Most recent

July 30, 2026

Reporting cadence

quarterly