11:49 AM EDT, 05/19/2025 (MT Newswires) -- EPR Properties ( EPR ) reported "healthy" Q1 results thanks to a good box office performance, capital recycling progress, and earnings beat, RBC said in a note Friday.
"The beat was largely driven by the collection of percentage rents from prior periods, and therefore, we are only modestly increasing our estimates," RBC analysts said.
The analysts said the company remained encouraged about the current movie release schedule and has reiterated its full-year box office revenue projection of $9.3 billion to $9.7 billion.
They said the management continued with a "prudent" approach to capital deployment due to high marginal cost of capital.
RBC kept its outperform rating and $58 price target.
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