VICI Properties Inc. Announces First Quarter 2019 Results
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VICI Properties Inc. (VICI) Tops Q1 EPS by 1c, Revenues Miss; Offers FY19 EPS Guidance Below Consensus
May 1, 2019 4:24 PM EDTVICI Properties Inc. (NYSE: VICI) reported Q1 EPS of $0.37, $0.01 better than the analyst estimate of $0.36. Revenue for the quarter came in at $214 million versus the consensus estimate of $224.72 million.
Total revenues were $214.0 million for the quarter ended March 31, 2019, compared to $218.3 million for the quarter ended March 31, 2018. The quarter ended March 31, 2018 included $17.2 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 March 31, 2019 increased 6.5% compared to the quarter ended March 31, 2018.Leasing revenues were $206.7 million for the... More