Gaming and Leisure Properties (GLPI) Q3 FFO Surpass Estimates

Core Insights - Gaming and Leisure Properties (GLPI) reported quarterly funds from operations (FFO) of $0.97 per share, exceeding the Zacks Consensus Estimate of $0.96 per share, and showing an increase from $0.95 per share a year ago, resulting in an FFO surprise of +1.04% [1] - The company generated revenues of $397.61 million for the quarter ended September 2025, which fell short of the Zacks Consensus Estimate by 0.49%, but represented an increase from $385.34 million year-over-year [2] - The stock has underperformed the market, losing approximately 9.4% since the beginning of the year, while the S&P 500 has gained 17.2% [3] Financial Performance - Over the last four quarters, GLPI has surpassed consensus FFO estimates two times, but has not beaten consensus revenue estimates during the same period [2] - The current consensus FFO estimate for the upcoming quarter is $0.97, with projected revenues of $405.65 million, and for the current fiscal year, the estimate is $3.86 on $1.6 billion in revenues [7] Market Outlook - The sustainability of the stock's price movement will largely depend on management's commentary during the earnings call and future FFO expectations [3][4] - The Zacks Industry Rank places the REIT and Equity Trust - Other sector in the top 34% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - The estimate revisions trend for GLPI was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]