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EPR Properties updates FY'19 guidance

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EPR Properties updates FY'19 guidance

EPR Properties updated its full-year 2019 guidance for funds from operations per share as adjusted to a range of $5.32 to $5.48 from a previous range of $5.30 to $5.50.

The S&P Global Market Intelligence consensus FFO-per-share estimate for the full year is $5.43.

The real estate investment trust sold four public charter schools for net proceeds of $46.7 million, recognizing a combined gain on sale of $8.2 million. It also sold another public charter school and a land parcel for net proceeds of $11.5 million, with a combined gain on sale of $1.6 million.