Gaming and Leisure Properties, Inc. Announces Fourth Quarter and Full Year 2015 Results
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February 8, 2016 12:38 PM EST
Standard & Poor's Ratings Services today said it lowered its corporate credit rating on Gaming & Leisure Properties Inc. (Nasdaq: GLPI) to 'BB' from 'BB+' and removed the rating from CreditWatch, where we had placed it with negative implications on March 10, 2015. The outlook is stable.
At the same time, we lowered our issue-level ratings on GLPI's unsecured debt by one notch to 'BB+' from 'BBB-' and removed them from CreditWatch The recovery rating remains '2', reflecting our expectation for substantial recovery (70% to 90%; lower half of the range) for lenders... More
February 4, 2016 7:46 AM EST
Gaming and Leisure Properties (NASDAQ: GLPI) reported Q4 EPS of $0.68, $0.03 better than the analyst estimate of $0.65. Revenue for the quarter came in at $128.7 million versus the consensus estimate of $145.53 million.
For earnings history and earnings-related data on Gaming and Leisure Properties (GLPI) click here.
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