Gaming and Leisure Properties, Inc. (NASDAQ:GLPI ) Q2 2024 Earnings Call Transcript July 26, 2024 10:00 AM ET Company Participants Joe Jaffoni - IR Peter Carlino - Chairman and CEO Desiree Burke - CFO and Treasurer Matthew Demchyk - SVP and CIO Brandon Moore - COO Steve Ladany - SVP and CDO Conference Call Participants Brad Heffern - RBC Capital Markets Jay Kornreich - Wedbush Securities Barry Jonas - Truist Securities David Katz - Jefferies Haendel St. Juste - Mizhuo Securities Smedes Rose - Citi Greg McGinnis - Scotiabank Daniel Guglielmo - Capital One Securities Ronald Kamdem - Morgan Stanley Shaun Kelley - Bank of America Robin Farley - UBS Chad Beynon - Macquarie John DeCree - CBRE Operator Greetings and welcome to the Gaming and Leisure Properties, Inc., Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
While the top- and bottom-line numbers for Gaming and Leisure Properties (GLPI) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Gaming and Leisure Properties (GLPI) came out with quarterly funds from operations (FFO) of $0.94 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.92 per share a year ago.
The ICSC conference in Las Vegas is described as the "Super Bowl of retail" and attracts industry experts and dealmakers. I'm here this week meeting with REIT management teams. Today, I'll provide details on three REITs that are investing in casino properties.