Gaming and Leisure Properties Inc reports results for the quarter ended March 31 - Earnings Summary

Reuters
2025.04.24 21:53
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Gaming and Leisure Properties IncQ) reported adjusted earnings of 60 cents per share for the quarter ended March 31, down from 64 cents a year ago and below analysts' expectations of 74 cents. Revenue increased by 5.1% to $395.24 million, slightly missing the forecast of $396.52 million. The company’s net income was $165.18 million. Despite a 2.6% drop in shares this quarter, the average analyst rating remains "buy" with a median 12-month price target of $56.00.

  • Gaming and Leisure Properties Inc (GLPI.OQ) reported quarterly adjusted earnings of 60 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 64 cents. The mean expectation of seven analysts for the quarter was for earnings of 74 cents per share. Wall Street expected results to range from 69 cents to 75 cents per share.

  • Revenue rose 5.1% to $395.24 million from a year ago; analysts expected $396.52 million.

  • Gaming and Leisure Properties Inc’s reported EPS for the quarter was 60 cents​.

  • The company reported quarterly net income of $165.18 million.

  • Gaming and Leisure Properties Inc shares had fallen by 2.6% this quarter and gained 2.9% so far this year. FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 1.2% in the last three months.​

  • In the last 30 days, there have been no negative revisions of earnings estimates RECOMMENDATIONS

  • The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 15 “strong buy” or “buy,” 8 “hold” and 1 “sell” or “strong sell.” The average consensus recommendation for the specialized reits peer group is also “buy”

  • Wall Street’s median 12-month price target for Gaming and Leisure Properties Inc is $56.00 This summary was machine generated from LSEG data April 24 at 09:53 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Mar. 31 2025 0.96 0.96 Met

Dec. 31 2024 0.94 0.95 Beat

Sep. 30 2024 0.94 0.95 Beat

Jun. 30 2024 0.93 0.94 Beat

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