Gaming and Leisure Props Q4 2023 AFFO $0.93, Inline, Sales $369.03M Beat $361.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gaming and Leisure Props (NASDAQ:GLPI) reported Q4 2023 earnings of $0.93 per share, meeting analyst estimates. Quarterly sales were $369.03M, surpassing the $361.15M estimate, marking a 9.70% increase from the previous year.
February 27, 2024 | 9:21 pm
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POSITIVE IMPACT
Gaming and Leisure Props reported Q4 2023 earnings of $0.93 per share, aligning with estimates, and sales of $369.03M, exceeding expectations.
Meeting earnings estimates and exceeding sales forecasts typically have a positive impact on investor sentiment and stock price in the short term. The 9.70% year-over-year sales growth further strengthens the positive outlook for GLPI.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100