Gaming and Leisure Properties Inc. Profit Rises 187% In Q1

(RTTNews) - Gaming and Leisure Properties Inc. (GLPI) revealed earnings for its first quarter that rose from last year.

The company said its bottom line climbed to $93.99 million, or $0.45 per share. This was higher than $32.75 million, or $0.27 per share, in last year's first quarter.

Analysts had expected the company to earn $0.44 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 63.1% to $242.7 million. This was up from $148.82 million last year.

Gaming and Leisure Properties Inc. earnings at a glance:

-Earnings (Q1): $93.99 Mln. vs. $32.75 Mln. last year. -Earnings Growth (Y-o-Y): 187.0% -EPS (Q1): $0.45 vs. $0.27 last year. -EPS Growth (Y-o-Y): 66.7% -Analysts Estimate: $0.44 -Revenue (Q1): $242.7 Mln vs. $148.82 Mln last year. -Revenue Change (Y-o-Y): 63.1%