Gaming And Leisure Properties Beats Q2
Gaming And Leisure Properties (NASDAQ:GLPI), a real estate investment trust specializing in gaming properties, reported Q2 2025 results on July 25, 2025. The most notable headline from the release was the company’s record-high non-GAAP earnings per share, which beat analyst expectations in Q2 2025. AFFO per share reached $0.96. However, the period also saw a significant year-over-year drop in GAAP net income, with net income per share falling to $0.54 compared to the prior-year $0.77. Revenue for the quarter was $394.9 million, coming in just below the consensus GAAP revenue estimate of $397.0 million, a 3.8% increase compared to Q2 2024. In summary, the quarter showcased robust cash flow and leasing growth, but also highlighted rising credit loss provisions and softness in headline net income.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Gaming And Leisure Properties is a real estate investment trust (REIT) that owns and leases out casino properties across the United States. Its business model centers on acquiring gaming-related real estate and leasing these properties to leading gaming operators through long-term, triple-net leases. In these leases, tenants handle property taxes, insurance, and maintenance, which supports predictable cash flow for the company.
Source Fool.com
