Wells Fargo Starts VICI Properties Inc. (VICI) at Overweight
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VICI Properties Inc. (VICI) Misses Q4 EPS by 11c, Revenues Beat
February 20, 2020 4:18 PM ESTVICI Properties Inc. (NYSE: VICI) reported Q4 EPS of $0.21, $0.11 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $237.5 million versus the consensus estimate of $235.3 million.
Fourth Quarter 2019 Financial Results Summary
Total revenues were $237.5 million for the quarter, compared to $226.0 million for the quarter ended December 31, 2018. The quarter ended December 31, 2018 included $19.9 million associated with tenant reimbursement of property taxes that are no longer recorded as revenue1. Excluding the impact of tenant reimbursement of property taxes, total revenues for the quarter increased 15.2% compared to the quarter ended December 31, 2018.Leasing revenues were... More