Gaming and Leisure Properties Q2 revenue beats estimates

Gaming and Leisure Properties

24/07/2025 21:53

Overview

Gaming and Leisure Q2 revenue beats analyst expectations, per LSEG data

Adjusted EBITDA for Q2 beats consensus, driven by acquisitions and financing

Co highlights sale-leaseback transactions and financing commitments for future growth

Outlook

Company expects 2025 AFFO between $1.112 bln - $1.118 bln

GLPI expects $130 mln funding for Hollywood Casino Joliet relocation

Company anticipates financial growth from sale-leaseback transactions

Result Drivers

ACQUISITIONS - Recent acquisitions and financing arrangements contributed to revenue growth, per CEO Peter Carlino

SALE-LEASEBACK - Sale-leaseback transactions, including Bally's Belle of Baton Rouge, provided growth opportunities

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$394.9 mln
$393.30 mln (15 Analysts)
Q2 EPS
$0.54
Q2 Net Income
$156.2 mln
Q2 Adjusted EBITDA
Beat
$361.5 mln
$360.40 mln (14 Analysts)
Q2 Adjusted FFO
Beat
$276.10 mln
$0.96 (16 Analysts)
Q2 FFO
$224.90 mln
Q2 Operating Income
$242.10 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 9 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the specialized reits peer group is "buy"

Wall Street's median 12-month price target for Gaming and Leisure Properties Inc is $55.00, about 14.3% above its July 23 closing price of $47.13

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nGNX4040Vb

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)