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

VICI Properties

01/05/2024 23:41

* VICI Properties Inc  VICI.N  reported quarterly adjusted
earnings of 57 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of 52 cents.  The mean expectation of ten analysts
for the quarter was for earnings of 66 cents per share. Wall
Street expected results to range from 66 cents to 68 cents per
share.
    * Revenue rose 8.4% to $951.48 million from a year ago;
analysts
expected $936.67 million. 
    * VICI Properties Inc's reported EPS for the quarter was 57
cents​.
    * The company reported quarterly net income of $590.02
million.
    * VICI Properties Inc shares had fallen by 4.2% this
quarter and
lost 10.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

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." 
    * Wall Street's median 12-month price target for VICI
Properties
Inc is $34.50 

This summary was machine generated from LSEG data May 1 at 10:40
p.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
 Mar. 31 2024      0.56           0.56           Met
 Dec. 31 2023      0.55           0.55           Met
 Sep. 30 2023      0.53           0.54           Beat
 Jun. 30 2023      0.53           0.54           Beat