Gaming and Leisure Properties Inc. Reports 215% Advance In Q4 Profit

(RTTNews) - Gaming and Leisure Properties Inc. (GLPI) reported earnings for its fourth quarter that advanced compared to the same period last year.

The company said its bottom line totaled $93.69 million, or $0.45 per share. This was higher than $29.77 million, or $0.25 per share, in last year's fourth 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 85.6% to $238.80 million. This was up from $128.69 million last year.

Gaming and Leisure Properties Inc. earnings at a glance:

-Earnings (Q4): $93.69 Mln. vs. $29.77 Mln. last year. -Earnings Growth (Y-o-Y): 214.7% -EPS (Q4): $0.45 vs. $0.25 last year. -EPS Growth (Y-o-Y): 80.0% -Analysts Estimate: $0.44 -Revenue (Q4): $238.80 Mln vs. $128.69 Mln last year. -Revenue Change (Y-o-Y): 85.6%