Gaming and Leisure Properties Q1 Adjusted FFO, Revenue Increase

MT Newswires Live

04-25

Gaming and Leisure Properties (GLPI) reported Q1 adjusted FFO Thursday of $0.96 per diluted share, up from $0.92 a year earlier.

Analysts polled by FactSet expected $0.96.

Revenue in the three months ended March 31 rose to $395.2 million from $376 million a year earlier.

Analysts surveyed by FactSet expected $396.5 million.

The company expects 2005 adjusted FFO of $3.84 to $3.87 per diluted share. The previous guidance was $3.83 to $3.88.

Analysts polled by FactSet expect $3.88.

Shares of the company rose 3.4% in after-hours trading.

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