Gaming and Leisure Properties Inc expected to post earnings of 70 cents a share - Earnings Preview

Gaming and Leisure Properties

24/02/2024 02:21

* Gaming and Leisure Properties Inc  GLPI.OQ   GLPI.O  is
expected
to show a rise in quarterly revenue when it reports  results on
February 27 for the period ending December 31 2023
    * The Wyomissing Pennsylvania-based  company is expected to
report
a 7.4% increase in revenue to $361.146 million from $336.39
million a year ago, according to the mean estimate from 17
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Net Revenue)
    * ​LSEG's mean analyst estimate for Gaming and Leisure
Properties
Inc is for earnings of 70 cents per share. 
    * 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Gaming and
Leisure Properties Inc is $54.00​, above​ its last closing price
of $45.44. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.92        0.92       0.92      Met     0.5
 Jun. 30 2023  0.91        0.91       0.92      Beat    1.2
 Mar. 31 2023  0.91        0.91       0.92      Beat    1.1​
 Dec. 31 2022  0.89        0.89       0.89      Met     0
 ​​Sep.        0.88        0.88       0.89      Beat    0.9
 30 2022                                                
 Jun. 30 2022  0.93        0.92       0.93      Beat    1.4​
 Mar. 31 2022  0.87        0.87       0.85      Missed  -2.4
 Dec. 31 2021  0.86        0.86       0.85      Missed  -1.4
 This summary was machine generated February 24 at 02:20 GMT. 
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)