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-0.000417275192989842 -0.000625912789484689 -0.000417275192989842 0.00166910077195907 -0.00396202795743796 -0.00292092635092845 -0.00834550385979565 -0.00980596703525988
Stock impact report

Gaming and Leisure Properties Q1 Earnings Call Highlights [Yahoo! Finance]

Gaming and Leisure Properties, Inc. (GLPI) 
Last gaming and leisure properties, inc. earnings: 4/30 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: reddit.com/r/gaming
Company Research Source: Yahoo! Finance
AFFO guidance of $1.212 billion to $1.223 billion (or $4.08 to $4.12 per diluted share), while signaling a $1.8 billion capital commitment runway expected to be mostly deployed by year-end 2027 that includes $750M–$800M of 2026 development spend and the planned $225 million Aurora acquisition. Q1 total income from real estate rose by more than $24 million year-over-year, driven by about $33 million of cash rent increases from acquisitions and escalators (including Bally's Lincoln, Chicago, Baton Rouge and others), partially offset by $8 million of non-cash items and with operating expenses down roughly $49.8 million Balance-sheet and market backdrop: GLPI ended the quarter at a 5x leverage ratio with $275 million cash, roughly $230 million of annual free cash flow and forward equity settling June 1 to fund the pipeline, and management said cap rates are normalizing to levels it views as accretive (around an “8” in front of the cap rate). Interested in Gaming and Leisure Properti Show less Read more
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