VICI Properties Raises FY24 AFFO Guidance From $2.22-$2.25 To $2.24-$2.26 Per Diluted Share
Portfolio Pulse from Benzinga Newsdesk
VICI Properties has raised its FY24 AFFO guidance from $2.22-$2.25 to $2.24-$2.26 per diluted share. The company estimates AFFO for the year ending December 31, 2024, to be between $2,350 million and $2,370 million. This updated guidance does not include potential impacts from future acquisitions, dispositions, or other non-recurring transactions.
July 31, 2024 | 8:32 pm
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VICI Properties has updated its FY24 AFFO guidance to $2.24-$2.26 per diluted share, reflecting a slight increase from the prior guidance. The company estimates AFFO for the year to be between $2,350 million and $2,370 million.
The increase in AFFO guidance suggests improved financial performance expectations, which is likely to positively impact VICI's stock price in the short term. The updated guidance indicates management's confidence in the company's future earnings potential.
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