Gaming and Leisure Properties (GLPI) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.80
- Estimate
- $0.80
- Surprise
- +0.6%
- Revenue (period 2026-06-30)
- $430.5M
- Score at report (before → after)
- 6.4 → 6.2/10
Revenue source: xbrl.
How the report landed
Gaming and Leisure Properties (GLPI) reported diluted EPS of $0.80, in line with the $0.80 estimate. TrendMatrix's engine moved from Hold (6.4/10) to Sell at 6.2/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates GLPI Sell at 6.2/10.
3 of the last 4 quarters beat the estimate; this quarter's +0.6% surprise compares with a +10.3% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- Strong earnings beat streak (3/4)
- Strong growth profile
What argues against it
- REIT tenant concentration cliff: 97% of NOI from top-5 tenants (PENN, Caesars, Boyd, Cordish, Bally's) (≥40% threshold). Single-tenant churn risk dominates spot FFO.
- Concentration risk — Tenant: PENN
- Concentration risk — Tenant: top-5 tenants (PENN, Caesars, Boyd, Cordish, Bally's) (97.0%)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $41.90
- Price target
- $47.90
- Stop
- $40.36
- Upside to target
- +14.3%
- Reward-to-risk
- 2.9:1
At 12.4× trailing and 12.6× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-09-05 — shown for context, not personalized investment advice.
GLPI at TrendMatrix's latest read
REIT quarters hinge on occupancy, rate exposure, and FFO rather than headline EPS, which mechanically distorts under depreciation.
- Industry
- REIT - Specialty
- Market cap
- $12.56B
- P/E (fwd)
- 12.6
- P/E (ttm)
- 12.4
- 52-week range
- $41.17–$49.95
- Off 52-week high
- 16.1%
- RSI (14)
- 47
- Volume vs avg
- 0.63×
- Score today
- 6.2/10