secwatch.observer — SEC 8-K summary
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Issuer:     VICI PROPERTIES INC. (VICI)
CIK:        0001705696
Form:       8-K
Filed at:   2021-10-27T23:59:59+00:00
Accession:  0001705696-21-000223
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VICI Q3 revenue up 10.6%, AFFO up 12.9%; announces $17.2B MGP acquisition; raises FY AFFO guidance
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- Total revenue $375.7M (+10.6% YoY); net income $161.9M ($0.28/share) vs $398.3M in Q3 2020 due to prior-year one-time gain.
- AFFO $257.4M (+12.9% YoY) or $0.45/share (+5.9% YoY); declared $0.36 quarterly dividend (+9.1% YoY).
- Announced $17.2B acquisition of MGM Growth Properties (MGP) expected H1 2022; adds $1.009B annualized rent.
- Updated FY2021 AFFO guidance to $1.040-$1.045B (from $1.010-$1.035B), per share $1.79-$1.80.
- Repaid $2.1B Term Loan B; completed $3.4B equity offering (115M shares at $29.50 per share).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1705696/000170569621000223/0001705696-21-000223-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1705696/000170569621000223/vici-20211027.htm
  HTML page:      https://secwatch.observer/filing/0001705696-21-000223

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