Vici Properties Inc Reports Results For The Quarter Ended In September 30: Earnings Summary

VICI Properties

01/11/2024 03:07

* VICI Properties Inc  VICI.N  reported quarterly adjusted
earnings of 70 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 55 cents.  The mean expectation of ten analysts
for the quarter was for earnings of 67 cents per share. Wall
Street expected results to range from 66 cents to 67 cents per
share.
    * Revenue rose 6.7% to $964.67 million from a year ago;
analysts
expected $952.86 million. 
    * VICI Properties Inc's reported EPS for the quarter was 70
cents​.
    * The company reported quarterly net income of $732.9
million.
    * VICI Properties Inc shares had fallen by 2.7% this
quarter and
gained 1.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1% 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 $35.50 
This summary was machine generated from LSEG data November 1 at
03:06 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
 Sep. 30 2024      0.57           0.57           Met
 Jun. 30 2024      0.57           0.57           Met
 Mar. 31 2024      0.56           0.56           Met
 Dec. 31 2023      0.55           0.55           Met