Gaming and Leisure Properties, Inc. Announces Second Quarter 2018 Results

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Go back to Gaming and Leisure Properties, Inc. Announces Second Quarter 2018 Results

Eldorado Resorts (ERI) Misses Q2 EPS by 3c, Revenues Miss

August 2, 2018 4:56 PM EDT

Eldorado Resorts (NASDAQ: ERI) reported Q2 EPS of $0.47, $0.03 worse than the analyst estimate of $0.50. Revenue for the quarter came in at $456.8 million versus the consensus estimate of $461.54 million.

In the second quarter, Adjusted EBITDA rose at 16 of our 20 properties as all four of our property reporting segments generated year-over-year gains including double digit Adjusted EBITDA growth in our East, West and South segments, said Gary Carano, Chairman and Chief Executive Officer of Eldorado. On a consolidated basis, second quarter Adjusted EBITDA rose 12.7% to $118.0 million, as our property level Adjusted EBITDA margin rose 290 basis points to... More

Gaming and Leisure Properties (GLPI) Misses Q2 EPS by 6c

August 1, 2018 7:10 AM EDT

Gaming and Leisure Properties (NASDAQ: GLPI) reported Q2 EPS of $0.43, $0.06 worse than the analyst estimate of $0.49. Revenue for the quarter came in at $254.22 million versus the consensus estimate of $254.24 million.

Chief Executive Officer, Peter M. Carlino, commented The second quarter was a period of significant progress for the Company. We have addressed all 2018 debt maturities through our new debt financing transactions. We successfully refinanced the 2018 notes and repaid our Term Loan A as well as a portion of our Term Loan A-1 with a new $1.0 billion issuance... More