Gaming and Leisure Properties Estimates 2024 AFFO Per Share Of $3.70-$3.74, Est $3.76
Portfolio Pulse from Benzinga Newsdesk
Gaming and Leisure Properties (GLPI) has provided its estimated adjusted funds from operations (AFFO) per share for 2024, projecting a range of $3.70-$3.74. This forecast falls slightly below the analyst consensus estimate of $3.76.
February 27, 2024 | 11:10 pm
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Gaming and Leisure Properties projects its 2024 AFFO per share to be between $3.70 and $3.74, slightly below the analyst consensus of $3.76.
The projected AFFO per share for GLPI being slightly below analyst expectations could lead to short-term negative sentiment among investors, potentially impacting the stock price negatively. This is because earnings forecasts are closely watched indicators of a company's financial health and future prospects. Missing analyst estimates, even by a small margin, can often be perceived negatively by the market.
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