Gaming and Leisure Properties Q3 Earnings Fall to $0.71 per Share Despite 9.5% Revenue Growth

Gaming and Leisure Properties Inc. (GLPI) reported third-quarter earnings of $207.636 million, or $0.71 per share, down from $241.191 million, or $0.85 per share, in the same period last year. Revenue for the quarter rose 9.5% to $435.449 million from $397.610 million a year earlier, according to the company's GAAP results. The real estate investment trust's bottom line declined even as top-line growth accelerated, underscoring margin pressure during the period.