VICI Properties Inc reports results for the quarter ended December 31 - Earnings Summary

• VICI Properties Inc VICI.N reported quarterly adjusted earnings of 58 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 72 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 68 cents per share.

• Revenue rose 4.7% to $976.05 million from a year ago; analysts expected $969.53 million.

• VICI Properties Inc's reported EPS for the quarter was 58 cents​.

• The company reported quarterly net income of $614.59 million.

• VICI Properties Inc shares had risen by 5.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.1% 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 23 "strong buy" or "buy," 2 "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 $35.00

This summary was machine generated from LSEG data February 21 at 05:45 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)