VICI Properties Inc. Announces Second Quarter 2019 Results

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VICI Properties Inc. (VICI) Reports In-Line Q2 EPS, Revenues Beat; Lowers FY19 EPS Outlook Below Consensus

July 31, 2019 4:28 PM EDT

VICI Properties Inc. (NYSE: VICI) reported Q2 EPS of $0.37, in-line with the analyst estimate of $0.37. Revenue for the quarter came in at $220.7 million versus the consensus estimate of $216.23 million.

Total revenues were $220.7 million for the quarter ended June 30, 2019, compared to $221.0 million for the quarter ended June 30, 2018. The quarter ended June 30, 2018 included $18.9 million associated with tenant reimbursement of property taxes no longer recorded as revenue1. Excluding the impact of tenant reimbursement of property taxes, total revenues for the quarter ended June 30, 2019 increased 9.3% compared to the quarter ended June... More