Gaming and Leisure Properties (GLPI) Matches Q2 FFO 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 a slight increase from $0.94 per share a year ago [1] Financial Performance - The company posted revenues of $394.88 million for the quarter ended June 2025, which was 0.66% below the Zacks Consensus Estimate, compared to $380.63 million in the same quarter last year [2] - Over the last four quarters, GLPI has surpassed consensus FFO estimates two times and topped revenue estimates only once [2] Stock Performance - Since the beginning of the year, Gaming and Leisure Properties shares have decreased by approximately 2.1%, while the S&P 500 has increased by 8.1% [3] - The stock's immediate price movement will largely depend on management's commentary during the earnings call [3] Future Outlook - The current consensus FFO estimate for the upcoming quarter is $0.96, with projected revenues of $399.87 million, and for the current fiscal year, the estimate is $3.86 on $1.6 billion in revenues [7] - The estimate revisions trend for GLPI was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The REIT and Equity Trust - Other industry, to which GLPI belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting potential challenges ahead [8]