Gaming and Leisure Properties (GLPI) Q4 FFO Surpass Estimates

Core Viewpoint - Gaming and Leisure Properties (GLPI) reported quarterly funds from operations (FFO) of $0.95 per share, exceeding the Zacks Consensus Estimate of $0.94 per share, and showing an increase from $0.93 per share a year ago [1][2] Financial Performance - The company posted revenues of $389.62 million for the quarter ended December 2024, which was 0.38% below the Zacks Consensus Estimate, compared to $369.03 million in the same quarter last year [2] - Over the last four quarters, GLPI has surpassed consensus FFO estimates two times and topped consensus revenue estimates three times [2] Stock Performance and Outlook - Since the beginning of the year, GLPI shares have increased by approximately 1.7%, while the S&P 500 has gained 4.5% [3] - The future stock price movement will largely depend on management's commentary during the earnings call and the company's FFO outlook [3][4] Estimate Revisions - The current consensus FFO estimate for the upcoming quarter is $0.96, with expected revenues of $397.78 million, and for the current fiscal year, the estimate is $3.89 on $1.61 billion in revenues [7] - The estimate revisions trend for GLPI is currently favorable, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The REIT and Equity Trust - Other industry, to which GLPI belongs, is currently ranked in the bottom 33% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8]