earnings
confidence high
sentiment positive
materiality 0.70
VICI Q3 revenue $1.0B (+4.4%), AFFO $637.6M (+7.4%); raises dividend, adds Clairvest tenant
VICI PROPERTIES INC.
2025-Q3 EPS reported
$2.05
revenue$2,993,026,000
- Q3 revenue $1.0B (+4.4% YoY); net income $762M ($0.71); AFFO $637.6M ($0.60, +5.3% per share).
- Declared Q3 dividend $0.45/share (+4% YoY), 8th consecutive annual increase.
- Updated FY2025 AFFO guidance to $2,510-2,520M ($2.36-2.37 per diluted share).
- Post-quarter, agreed to lease MGM Northfield Park to Clairvest at $53M/yr initial rent; 25-yr term; close H1 2026.
- Settled forward sales for 12.1M shares (~$376M); liquidity $3.1B including $507.5M cash.