Gaming and Leisure Props Q2 2024 FFO Per Share $0.94, Inline, Sales $380.626M Beat $377.213M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gaming and Leisure Properties (NASDAQ: GLPI) reported Q2 2024 earnings per share of $0.94, meeting analyst expectations, and sales of $380.626 million, beating estimates by 0.90%. This represents a 2.17% increase in EPS and a 6.74% increase in sales year-over-year.
July 25, 2024 | 8:45 pm
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Gaming and Leisure Properties (NASDAQ: GLPI) reported Q2 2024 earnings per share of $0.94, meeting analyst expectations, and sales of $380.626 million, beating estimates by 0.90%. This represents a 2.17% increase in EPS and a 6.74% increase in sales year-over-year.
The company's earnings per share met analyst expectations, which is neutral news. However, the sales beat estimates and showed a significant year-over-year increase, which is positive. This combination is likely to have a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100