Vici Properties Inc Reports Results For The Quarter Ended In December: Earnings Summary

VICI Properties

23/02/2024 11:30

* VICI Properties Inc  VICI.N  reported quarterly adjusted
earnings of 72 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 63 cents.  The mean expectation of
ten analysts for the quarter was for earnings of 65 cents per
share. Wall Street expected results to range from 63 cents to 67
cents per share.
    * Revenue rose 21% to $931.87 million from a year ago;
analysts
expected $921.18 million. 
    * VICI Properties Inc's reported EPS for the quarter was 72
cents​.
    * The company reported quarterly net income of $747.77
million.
    * VICI Properties Inc shares had fallen by 6.8% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 21 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the specialized
reits
peer group is also "buy"

Wall Street's median 12-month price target for VICI Properties
Inc is $36.00 
This summary was machine generated from LSEG data February 23 at
11:30 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.55           0.55           Met
 Sep. 30 2023      0.53           0.54           Beat
 Jun. 30 2023      0.53           0.54           Beat
 Mar. 31 2023      0.52           0.53           Beat