earnings
confidence high
sentiment positive
materiality 0.85
VICI Properties Q3 revenue up 20.3% to $904.3M; AFFO per share up 10.7% to $0.54; increases FY guidance
VICI PROPERTIES INC.
2023-Q3 EPS reported
$1.75
revenue$2,680,123,000
- Net income $556.3M ($0.55 per share) vs $330.9M ($0.34) a year ago; AFFO $547.6M ($0.54 per share).
- Full-year 2023 AFFO guidance raised to $2.14-$2.15 per diluted share.
- Completed $203.9M Rocky Gap casino acquisition, added $15.5M annual rent to Century master lease.
- Acquired 38 Bowlero bowling centers for $432.9M in post-quarter sale-leaseback; $31.6M initial annual rent.
- Q3 dividend $0.415 per share, up 6.4% YoY; liquidity $3.7B including $510.9M cash.