Gaming and Leisure Properties (GLPI) Misses Q1 FFO Estimates

Gaming and Leisure Properties (GLPI) came out with quarterly funds from operations (FFO) of $0.92 per share, missing the Zacks Consensus Estimate of $0.93 per share. This compares to FFO of $0.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -1.08%. 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 $0.93, delivering no surprise.Over the last fo ...