Reports Q4 revenue $336.4M, consensus $336.14M. Peter Carlino, chairman and CEO of GLPI, commented, "We ended 2022 with record fourth quarter results and increased dividends as our deep, long-term knowledge of the gaming sector has allowed us to continually expand and diversify our tenant base, geographic footprint and rental streams. Reflecting this ongoing expansion, since our establishment as the gaming industry’s first REIT, GLPI has grown from being a landlord with one tenant and 19 properties to become a landlord with six premiere tenants and 57 properties across 17 states as of December 31, 2022. Fourth quarter results again highlight the durability of our rental streams, including the completion of previously announced agreements in late 2021 and in 2022 with The Cordish Companies and Bally’s Corporation, combined with our initiatives to position the Company for further growth through the active management of all aspects of our business and capital structure."
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on GLPI:
- Gaming and Leisure Properties, Inc. Reports Record Fourth Quarter Results, Establishes 2023 Guidance and Announces 2023 First Quarter Dividend of $0.72 per Share and Special Dividend of $0.25 per Share
- Gaming and Leisure Properties, Inc. Schedules Fourth Quarter 2022 Earnings Release and Conference Call
- Gaming and Leisure Properties Inc. Announces 2022 Distribution Tax Treatment
- Bet On It: PlayUp SPAC deal terminated
- Street Wrap: Today’s Top 15 Upgrades, Downgrades, Initiations