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Gaming and Leisure (GLPI)
NASDAQ:GLPI
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.73Last Year’s EPS
0.64Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: 1.54%
|Next Earnings Date:Apr 24, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive performance with significant growth in real estate income and strategic acquisitions, alongside strong tenant relationships. However, challenges include increased operating expenses, slightly below consensus guidance, and project timing uncertainties.Company Guidance
During the fourth quarter 2024 earnings call, Gaming and Leisure Properties, Inc. provided detailed guidance for the upcoming year. The company projected full-year guidance for 2025 ranging from $3.83 to $3.88 per diluted share in OP units. They also outlined anticipated development project funding of approximately $400 million, primarily weighted towards the end of the year, with the expectation to settle forward sale agreements by June 2025. The guidance does not account for potential future transactions. The company mentioned a decrease in total income from real estate due to a combination of non-cash revenue gross-ups and investment and lease adjustments, resulting in a collective year-over-year decrease of $2.3 million. Operating expenses increased by $7.7 million, largely due to non-cash adjustments in the provision for credit losses. Rent coverage ratios remained strong, ranging from 1.79 to 2.55 for their master leases. Interest expense considerations were also included, factoring in bond issuances, repayments, and a new revolving loan.Growth in Real Estate Income
Total income from real estate exceeded the fourth quarter of 2023 by over $20 million, driven by increases in cash rent from acquisitions and escalations.
Strategic Acquisitions Boost
Notable contributions from acquisitions include Tioga ($3.6 million), Rockford loan ($2.8 million), Valley Chicagoland ($5 million), and others.
Strong Tenant Relationships
Maintained competitive advantage through strong tenant relationships, enabling new opportunities in gaming real estate transactions.
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GLPI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GLPI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $49.39 | $49.12 | -0.55% |
| Oct 24, 2024 | $50.09 | $49.04 | -2.10% |
| Jul 25, 2024 | $47.55 | $48.01 | +0.97% |
| Apr 25, 2024 | $41.45 | $40.52 | -2.24% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Gaming and Leisure (GLPI) report earnings?
Gaming and Leisure (GLPI) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is Gaming and Leisure (GLPI) earnings time?
Gaming and Leisure (GLPI) earnings time is at Apr 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GLPI EPS forecast?
GLPI EPS forecast for the fiscal quarter 2025 (Q1) is 0.73.
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