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VICI Properties (VICI)
NYSE:VICI
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.69Last Year’s EPS
0.71Same Quarter Last Year
Strong Buy
Based on 14 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: 0.41%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted VICI's increased guidance, successful refinancing, and new partnership with Red Rock Resorts, indicating strong financial and operational performance. However, market volatility and the challenges with tribal sale leasebacks present some concerns.Company Guidance
During VICI Properties' first quarter 2025 earnings call, the company provided updated guidance, projecting Adjusted Funds From Operations (AFFO) for the year to be between $2.47 billion and $2.5 billion, equating to $2.33 to $2.36 per diluted share, marking an increase from prior guidance. The revised AFFO guidance reflects a year-over-year growth expectation of 3.8%. VICI emphasized the importance of dividends to their total return strategy, noting that dividends contributed significantly to outperforming the S&P 500 over the past five years. The company highlighted its recent partnership with Red Rock Resorts involving a $510 million loan for a casino development on tribal land. Additionally, VICI successfully addressed all 2025 debt maturities, resulting in no debt maturing until September 2026, and maintained a net debt to adjusted EBITDA ratio of approximately 5.3 times. The call also covered VICI's proactive balance sheet management, including a bond offering with a blended coupon rate of 5.34% and extended credit facility maturities to 2029, ensuring substantial liquidity to support future growth initiatives.Increased AFFO Guidance
VICI Properties increased its AFFO guidance for 2025, expecting between $2.47 billion and $2.5 billion, or between $2.33 and $2.36 per diluted common share, representing a 3.8% year-over-year growth.
Successful Refinancing
VICI Properties successfully addressed all 2025 maturities with a bond offering that was six times oversubscribed, leading to a blended coupon of 5.34% and a weighted average interest rate of 4.47%.
New Relationship with Red Rock Resorts
VICI announced its first transaction with Red Rock Resorts, committing up to $510 million for the development of the North Fork Mono Casino and Resort in California, marking VICI's first gaming investment on tribal land.
Strong Liquidity Position
VICI maintains approximately $3.2 billion in total liquidity, including cash, forward equity, and availability under its revolving credit facility.
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VICI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VICI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2025 | $32.02 | $31.51 | -1.59% |
Feb 20, 2025 | $30.35 | $30.86 | +1.68% |
Oct 31, 2024 | $30.90 | $30.59 | -1.00% |
Jul 31, 2024 | $30.02 | $30.10 | +0.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does VICI Properties (VICI) report earnings?
VICI Properties (VICI) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is VICI Properties (VICI) earnings time?
VICI Properties (VICI) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VICI EPS forecast?
VICI EPS forecast for the fiscal quarter 2025 (Q2) is 0.69.
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