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

• Gaming and Leisure Properties, Inc. reported quarterly adjusted earnings of 69 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 86 cents. The mean expectation of eleven analysts for the quarter was for earnings of 80 cents per share. Wall Street expected results to range from 77 cents to 84 cents per share.

• Revenue rose 9.5% to $435.45 million from a year ago; analysts expected $436.33 million.

• Gaming and Leisure Properties, Inc.'s reported EPS for the quarter was 71 cents​.

• The company reported quarterly net income of $207.64 million.

• Gaming and Leisure Properties, Inc. shares had risen by 1.3% this quarter and lost 14.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.1% 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," 8 "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 $50.00, about 21% above its last closing price of $39.49

This summary was machine generated from LSEG data October 29 at 11:21 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)