Gaming and Leisure Properties Q3 Adjusted FFO, Revenue Increase

MT Newswires Live10-25

Gaming and Leisure Properties (GLPI) reported Q3 adjusted funds from operations late Thursday of $0.95 per diluted share, up from $0.92 a year earlier.

Analysts polled by Capital IQ expected $0.94.

Revenue for the quarter ended Sept. 30 was $385.3 million, up from $359.6 million a year earlier.

Analysts surveyed by Capital IQ expected $385.5 million.

The company expects diluted AFFO for the year ending Dec. 31 to be between $3.74 and $3.76 per diluted share, unchanged from the previous guidance.

Analysts polled by Capital IQ expect $3.76.

Price: 49.97, Change: -0.87, Percent Change: -1.71

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