Gaming and Leisure Properties (GLPI) Q1 FFO Match Estimates

Core Viewpoint - Gaming and Leisure Properties (GLPI) reported quarterly funds from operations (FFO) of $0.96 per share, matching the Zacks Consensus Estimate and showing an increase from$0.92 per share a year ago [1] Financial Performance - The company posted revenues of $395.24 million for the quarter ended March 2025, which was 0.44$375.96 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 two times [2] Stock Performance - GLPI shares have increased approximately 2.9% since the beginning of the year, contrasting with the S&P 500's decline of 8.6% [3] Future Outlook - The current consensus FFO estimate for the upcoming quarter is $0.97, with expected revenues of$399.92 million, and for the current fiscal year, the estimate is $3.87 on$1.6 billion in revenues [7] - The estimate revisions trend for GLPI is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The REIT and Equity Trust - Other industry, to which GLPI belongs, is currently in the bottom 40% of over 250 Zacks industries, suggesting potential challenges ahead [8]