VICI Properties Inc reports results for the quarter ended September 30 - Earnings Summary

• VICI Properties Inc VICI.N reported quarterly adjusted earnings of 31 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 71 cents. The mean expectation of twelve analysts for the quarter was for earnings of 71 cents per share. Wall Street expected results to range from 67 cents to 73 cents per share.

• Revenue rose 5.8% to $1.07 billion from a year ago; analysts expected $1.06 billion.

• VICI Properties Inc's reported EPS for the quarter was 31 cents​.

• The company reported quarterly net income of $342.53 million.

• VICI Properties Inc shares had risen by 3.2% this quarter and lost 15.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 9 "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 $32.00, about 26.5% above its last closing price of $23.52

This summary was machine generated from LSEG data October 28 at 09:54 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)