Funds from Operations ("FFO") is net income, excluding (gains) or losses from dispositions of property, net of tax and real estate depreciation as defined by NAREIT. (1) (4) Metrics are presented assuming full conversion of limited partnership units to common shares and therefore before the income statement impact of non-controlling interests. | --- | --- | --- | --- | --- | |-----------------------------------------------------------------------|-------|----------------|-------|--------------| | (in millio ...

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Revenue- Rental income: $332.82 million compared to the $331.70 million average estimate based on two analysts. The reported number represents a change of +4.3% year over year. Revenue- Rental income: $332.82 million compared to th ...

Gaming and Leisure Properties, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $380.63 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.53%. This compares to year-ago revenues of $356.59 million. The company has topped consensus revenue estimates four times over the last four quarters. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.93 per share when it actually produced FFO of $0.92, delive ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36124 Gaming and Leisure Properties, Inc. (Exact name of registrant as specified in its charter) Pennsylvania ...

WYOMISSING, Pa., June 26, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) announced today that the Company will release its 2024 second quarter financial results after the market close on Thursday, July 25, 2024. The Company will host a conference call at 10:00 a.m. ET on Friday, July 26, 2024. To Participate in the Telephone Conference Call: Dial in at least five minutes prior to start time. Domestic: 1-877/407-0784 International: 1-201/689-8560 Webcast: About Gaming and Leisure ...

WYOMISSING, Pa., June 03, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) ("GLPI") announced today that it has agreed to fund and oversee a landside move and hotel renovation of Belle of Baton Rouge ("The Belle") in Baton Rouge, LA for its tenant The Queen Casino and Entertainment Inc. ("Queen Casino & Entertainment Inc."). GLPI has committed to provide up to approximately $111 million of funding for the project, which is expected to be completed by September 2025. Total project c ...

okan akdeniz Viva Las Vegas, baby! I wrote today's article in Sin City, where I attended this year's annual International Council of Shopping Centers (ICSC) conference. That organization describes the gathering as its "premier event," attracting "dealmakers and industry experts who are driving innovation and evolution in commercial real estate." Including me. I've been going to ICSC Las Vegas for decades now. It's a great place to see and be seen. And you'd better believe I have meetings with key players se ...

WYOMISSING, Pa., May 16, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) ("GLPI") today acquired the real estate assets of the Silverado Franklin Hotel & Gaming Complex ("Silverado"), the Deadwood Mountain Grand ("DMG") casino, and Baldini's Casino ("Baldini's"), for $105.0 million in aggregate. Simultaneous with the acquisition, GLPI and affiliates of Strategic Gaming Management, LLC ("Strategic") will enter into two cross-defaulted triple-net lease agreements, each for an initia ...

Thank you. Our next question is coming from the line of Chad Beynon with Macquarie. Please proceed with your question. Chad Beynon Good morning. Thanks for taking my question. I wanted to focus on Vegas, I guess, Clark County in general. A few operators opened up in the fourth quarter, one in the Burbs and then one on the Strip. Can you just update us in terms of your appetite and conversations in and around Las Vegas? Thank you. Peter Carlino Well, I guess, you're of course asking about the Trop project or ...

GAMING AND LEISURE PROPERTIES REPORTS FIRST QUARTER 2024 RESULTS AND UPDATES 2024 FULL YEAR GUIDANCE WYOMISSING, PA — April 25, 2024 — Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced financial results for the quarter ended March 31, 2024. Financial Highlights Three Months Ended March 31, (in millions, except per share data) 2024 2023 Total Revenue $ 376.0 $ 355.2 Income from Operations $ 257.6 $ 266.8 Net Income $ 179.5 $ 188.7 FFO (1) (4) $ 244.4 $ 253.8 AFFO (2 ...