Gaming and Leisure Properties Inc reports results for the quarter ended in September 30 - Earnings Summary

• Gaming and Leisure Properties Inc GLPI.OQ reported quarterly adjusted earnings of 67 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 70 cents. The mean expectation of nine analysts for the quarter was for earnings of 75 cents per share. Wall Street expected results to range from 74 cents to 78 cents per share.

• Revenue rose 7.2% to $385.34 million from a year ago; analysts expected $385.07 million.

• Gaming and Leisure Properties Inc's reported EPS for the quarter was 67 cents​.

• The company reported quarterly net income of $184.57 million.

• Gaming and Leisure Properties Inc shares had fallen by 1.2% this quarter and gained 3.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the specialized reits peer group is also "buy"

Wall Street's median 12-month price target for Gaming and Leisure Properties Inc is 54.50

This summary was machine generated from LSEG data October 27 at 03:51 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)