earnings
confidence high
sentiment positive
materiality 0.75
VICI Properties Q2 revenue up 6.6% to $957M, AFFO up 9.6%, raises 2024 guidance
VICI PROPERTIES INC.
2024-Q2 EPS reported
$1.28
revenue$1,908,484,000
- Total revenues $957.0M (+6.6% YoY); net income $741.3M ($0.71/diluted share).
- AFFO attributable to common stockholders $592.4M (+9.6% YoY); AFFO per share $0.57.
- Raised full-year 2024 AFFO guidance to $2,350M-$2,370M ($2.24-$2.26 per diluted share).
- Committed up to $700M to The Venetian Resort and originated $250M Great Wolf mezzanine loan.
- Quarterly dividend maintained at $0.415 per share; liquidity $3.4B at quarter end.