* Gaming and Leisure Properties Inc reported quarterly adjusted earnings of 64 cents per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of 70 cents. The mean expectation of nine analysts for the quarter was for earnings of 70 cents per share. Wall Street expected results to range from 67 cents to 74 cents per share.
* Revenue rose 5.5% to $374.89 million from a year ago; analysts expected $365.97 million.
* Gaming and Leisure Properties Inc's reported EPS for the quarter was 64 cents.
* The company reported quarterly net income of $174.46 million.
* Gaming and Leisure Properties Inc shares had fallen by 5.7% this quarter and lost 12.0% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 0.8% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the specialized reits peer group is also "buy"
Wall Street's median 12-month price target for Gaming and Leisure Properties Inc is $53.00 This summary was machine generated from LSEG data April 26 at 03:17 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Mar. 31 2024 0.92 0.92 Met
Dec. 31 2023 0.93 0.93 Met
Sep. 30 2023 0.92 0.92 Met
Jun. 30 2023 0.91 0.92 Beat
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