VICI Properties Inc. (VICI) Tops Q2 EPS by 1c, Revenues Beat; 'Increases Guidance for FY18'

VICI Properties Inc. (NYSE: VICI) reported Q2 EPS of $0.38, $0.01 better than the analyst estimate of $0.37. Revenue for the quarter came in at $221 million versus the consensus estimate of $219.75 million.

Second Quarter 2018 Financial Results

• Revenues were $221.0 million and included $213.5 million of real property revenues.
• Net income attributable to common stockholders was $139.0 million, or $0.38 per diluted share.
• NAREIT-defined Funds From Operations (“FFO”) attributable to common stockholders was $139.0 million, or $0.38 per diluted share.
• Adjusted Funds From Operations (“AFFO”) attributable to common stockholders was $128.8 million, or $0.35 per diluted share.

GUIDANCE:

VICI Properties Inc. sees FY2018 EPS of $1.48-$1.49, versus the consensus of $1.53.

For earnings history and earnings-related data on VICI Properties Inc. (VICI) click here.

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