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Gaming and Leisure Properties Q2 Adjusted FFO, Revenue Rise; Full-Year AFFO Guidance Lifted
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Gaming and Leisure Properties Q2 Adjusted FFO, Revenue Rise; Full-Year AFFO Guidance Lifted
Jul 25, 2024 2:40 PM

05:03 PM EDT, 07/25/2024 (MT Newswires) -- Gaming and Leisure Properties ( GLPI ) reported Q2 adjusted funds from operations late Thursday of $0.94 per diluted share, up from $0.92 a year earlier.

Analysts polled by Capital IQ expected $0.93.

Revenue for the quarter that ended June 30 was $380.6 million, up from $356.6 million a year earlier.

Analysts surveyed by Capital IQ expected $377.9 million.

The company now expects a full-year 2024 adjusted FFO between $3.74 and $3.76 per diluted share, versus its prior guidance of between $3.71 and $3.74. Analysts surveyed by Capital IQ expect $3.75.

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