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

• VICI Properties Inc VICI.N reported quarterly adjusted earnings of 51 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 57 cents. The mean expectation of nine analysts for the quarter was for earnings of 68 cents per share. Wall Street expected results to range from 64 cents to 69 cents per share.

• Revenue rose 3.4% to $984.20 million from a year ago; analysts expected $976.28 million.

• VICI Properties Inc's reported EPS for the quarter was 51 cents​.

• The company reported quarterly net income of $543.61 million.

• VICI Properties Inc shares had fallen by 1.1% this quarter and gained 10.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.2% 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 22 "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 April 30 at 10:28 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)