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Gaming and Leisure Properties reports Q4 AFFO 93c, consensus 93c
The Fly

Gaming and Leisure Properties reports Q4 AFFO 93c, consensus 93c

Reports Q4 revenue $369.03M, consensus $362.67M. Peter Carlino, chairman and CEO of GLPI, commented, “We generated record fourth quarter and full year 2023 results while again increasing our cash dividend as we delivered growth across all key financial metrics for both the quarter and full year. On an operating basis, fourth quarter total revenue rose 9.7% year over year to $369.0 million while AFFO grew 7.3% to $256.6 million. Our record fourth quarter and full year financial results reflect GLPI’s stable base of leading regional gaming operator tenants and recent acquisitions, which we expect will continue to benefit comparisons in 2024 and beyond.”

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