earnings
confidence high
sentiment positive
materiality 0.75
GLPI reports record Q3 revenue $359.6M; AFFO $0.92/share; raises FY2023 guidance
Gaming & Leisure Properties, Inc.
2023-Q3 EPS reported
$1.99
revenue$1,071,363,000
- Q3 total revenue $359.6M (+7.7% YoY); AFFO $0.92 per diluted share vs $0.89 prior year.
- Updated 2023 AFFO guidance to $1,003M-$1,006M ($3.68-$3.69 per share) from prior $994M-$999M ($3.66-$3.68).
- Q3 dividend $0.73 per share, up from $0.705 in Q3 2022, paid Sep 29, 2023.
- Acquired Hard Rock Rockford land for $100M (99-year ground lease) and Casino Queen Marquette for $32.72M.
- Committed up to $175M for Bally's/A's Las Vegas stadium project; MLB owners vote pending Dec 1, 2023.