Gaming and Leisure Properties Inc. Q2 Income Declines

(RTTNews) - Gaming and Leisure Properties Inc. (GLPI) released a profit for second quarter that dropped from last year.

The company's earnings totaled $91.99 million, or $0.43 per share. This compares with $96.33 million, or $0.45 per share, in last year's second quarter.

Analysts had expected the company to earn $0.49 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.4% to $254.22 million from $243.39 million last year.

Gaming and Leisure Properties Inc. earnings at a glance:

-Earnings (Q2): $91.99 Mln. vs. $96.33 Mln. last year. -EPS (Q2): $0.43 vs. $0.45 last year. -Analysts Estimate: $0.49 -Revenue (Q2): $254.22 Mln vs. $243.39 Mln last year.