The earnings call presented a mixed outlook with strong revenue growth and development progress offset by increased expenses and concerns over tenant financial health, particularly Bally's. While the company maintains robust relationships and strategic project investments, uncertainties in the economic forecast and specific high-risk projects temper the overall positive achievements.

Company Guidance -

Q3 2025

During the second quarter of 2025 earnings call for Gaming and Leisure Properties, Inc., the company reported a year-over-year revenue increase of over $14 million, driven by a $22 million rise in cash rent due to acquisitions and escalations, including $5 million from Bally Chicago land and $8 million from Kansas City and Shreveport. Despite an $8.2 million decrease in non-cash revenue growth, operating expenses surged by $65.6 million due to a noncash adjustment in the provision for credit losses. The company's full-year 2025 AFFO guidance is projected to range from $3.85 to $3.87 per diluted share and OP units, not accounting for future transactions but including anticipated funding of $130 million for the Joliet relocation and $375 million for development projects. Rent coverage ratios were reported between 1.69x to 2.72x on master leases from the prior quarter end.

Record Year-Over-Year Revenue Growth

Achieved a record year-over-year revenue with increases in cash rent of over $22 million driven by acquisitions and rent escalation.

Strong AFFO Guidance

The full-year 2025 AFFO guidance is ranging from $3.85 to $3.87 per diluted share and OP units, indicating stable financial performance.

Successful Development Projects

Progress in development projects, including a $375 million investment with $338 million remaining for the second half of 2025, predominantly in Bally's Chicago project.

Positive Relationships with Tenants

Maintained strong relationships with tenants like Bally's, indicating potential for future growth and partnerships.

Gaming and Leisure (GLPI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GLPI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	0.74 / -	0.67	―	―	―
Jul 24, 2025	2025 (Q2)	0.75 / 0.54	0.77	-29.87% (-0.23)	―
Apr 24, 2025	2025 (Q1)	0.74 / 0.60	0.64	-6.25% (-0.04)	―
Feb 20, 2025	2024 (Q4)	0.73 / 0.79	0.78	1.28% (+0.01)	―
Oct 24, 2024	2024 (Q3)	0.74 / 0.67	0.7	-4.29% (-0.03)	―
Jul 25, 2024	2024 (Q2)	0.72 / 0.77	0.59	30.51% (+0.18)	―
Apr 25, 2024	2024 (Q1)	0.70 / 0.64	0.7	-8.57% (-0.06)	―
Feb 27, 2024	2023 (Q4)	0.69 / 0.78	0.75	4.00% (+0.03)	―
Oct 26, 2023	2023 (Q3)	0.69 / 0.70	0.85	-17.65% (-0.15)	―
Jul 27, 2023	2023 (Q2)	0.67 / 0.59	0.61	-3.28% (-0.02)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GLPI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	$47.15	$46.68	-1.00%
Apr 24, 2025	$48.22	$46.95	-2.63%
Feb 20, 2025	$47.83	$47.57	-0.54%
Oct 24, 2024	$48.51	$47.49	-2.10%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Gaming and Leisure (GLPI) report earnings?

Gaming and Leisure (GLPI) is schdueled to report earning on Oct 23, 2025, Before Open (Confirmed).

What is Gaming and Leisure (GLPI) earnings time?

Gaming and Leisure (GLPI) earnings time is at Oct 23, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is GLPI EPS forecast?

GLPI EPS forecast for the fiscal quarter 2025 (Q3) is 0.74.

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