VICI Props Q4 AFFO Per Share $0.55, Inline, Sales $931.87M Beat $921.18M Estimate
Portfolio Pulse from Benzinga Newsdesk
VICI Props (NYSE:VICI) reported its Q4 AFFO per share at $0.55, meeting analyst consensus estimates and marking a 7.84% increase from the previous year. Quarterly sales reached $931.87M, exceeding expectations by 1.16% and showing a 21.04% increase from the previous year.
February 22, 2024 | 9:16 pm
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VICI Props reported a solid Q4 with AFFO per share at $0.55, in line with estimates, and a significant increase in sales to $931.87M, surpassing analyst expectations.
VICI Props' Q4 earnings report showing both a year-over-year increase in AFFO per share and a significant beat on sales estimates is likely to be viewed positively by investors. The company's ability to exceed analyst expectations, especially in terms of sales, suggests operational efficiency and growth, potentially leading to a positive short-term impact on its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100