What to Expect From VICI Properties Stock in Q3 Earnings?

Zacks10-31 01:17

VICI Properties Inc. VICI is slated to report third-quarter 2024 earnings results on Oct. 31, after the closing bell. Its quarterly results are expected to exhibit growth in revenues and funds from ...

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Its quarterly results are expected to exhibit growth in revenues and funds from ...</p>\n\n<a href=\"https://finance.yahoo.com/news/expect-vici-properties-stock-q3-171700408.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What to Expect From VICI Properties Stock in Q3 Earnings?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat to Expect From VICI Properties Stock in Q3 Earnings?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-31 01:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/expect-vici-properties-stock-q3-171700408.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>VICI Properties Inc. VICI is slated to report third-quarter 2024 earnings results on Oct. 31, after the closing bell. Its quarterly results are expected to exhibit growth in revenues and funds from ...</p>\n\n<a href=\"https://finance.yahoo.com/news/expect-vici-properties-stock-q3-171700408.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VICI","symbol_name":"Vici Properties","start_time":0,"source_url":"https://finance.yahoo.com/news/expect-vici-properties-stock-q3-171700408.html","article_id":"2479754342","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/CR2yFbYpuqpt3oeRxVj68g--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/58c71031fa5f8be56beb2ad29b36efdc"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479754342","pubTimestamp":1730308620,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"VICI Properties Inc. VICI is slated to report third-quarter 2024 earnings results on Oct. 31, after the closing bell. Its quarterly results are expected to exhibit growth in revenues and funds from operations  per share.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, this New York-based experiential REIT, which owns the portfolios of market-leading gaming, hospitality and entertainment destinations, reported an adjusted FFO per share of 57 cents, beating the Zacks Consensus Estimate by a penny.Over the preceding four quarters, the company’s adjusted FFO per share surpassed the Zacks Consensus Estimate on two occasions for as many in-line performances, the average surprise being 0.92%. This is depicted in the graph below:. VICI Properties Inc. price-eps-surprise | VICI Properties Inc. Quote. Our proven model predicts a likely surprise in terms of FFO per share for VICI Properties this season. The combination of a positive Earnings E","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"VICI":"Vici Properties"},"translate_title":"对VICI Properties股票第三季度收益有何期待？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VICI":1},"content_text":"VICI Properties Inc. VICI is slated to report third-quarter 2024 earnings results on Oct. 31, after the closing bell. Its quarterly results are expected to exhibit growth in revenues and funds from operations (FFO) per share.\nStay up-to-date with all quarterly releases: See Zacks Earnings Calendar.\nIn the last reported quarter, this New York-based experiential REIT, which owns the portfolios of market-leading gaming, hospitality and entertainment destinations, reported an adjusted FFO per share of 57 cents, beating the Zacks Consensus Estimate by a penny.\nOver the preceding four quarters, the company’s adjusted FFO per share surpassed the Zacks Consensus Estimate on two occasions for as many in-line performances, the average surprise being 0.92%. This is depicted in the graph below:\n\nVICI Properties Inc. Price and EPS Surprise\n\nVICI Properties Inc. price-eps-surprise | VICI Properties Inc. Quote\n\nFactors to Consider Ahead of VICI’s Q3 Results\nVICI Properties owns a geographically diverse portfolio, which includes a mix of gaming, hospitality and entertainment assets that are located across the United States and Canada. It enjoys ownership of three of the most iconic entertainment facilities on the Las Vegas Strip, namely Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas.\nIn the third quarter, VICI Properties' performance is expected to have been influenced by the resurgence in demand for its gaming facilities and other hospitality and entertainment venues. The company stands to gain from its strong partnerships with top-tier experiential operators. The long-term triple-net leases with these tenants are likely to have contributed to stable revenue generation during the quarter, supporting its top-line growth.\nProjections for VICI\nThe Zacks Consensus Estimate for quarterly revenues is pegged at $958.9 million, which suggests growth of 6% from the prior-year quarter’s reported figure.\nIncome from sales-type leases is currently pegged at $515.9 million, which indicates an increase from $512.3 million in the prior quarter and $500.2 million in the year-ago quarter. Income from lease financing receivables and loans stands at $416.6 million, up from $413.7 million in the prior period and $378.5 million in the year-ago period.\nRevenues from golf operations are estimated at $8.2 million, down from $11.7 million reported in the prior quarter but up from $7.4 million in the year-ago period.\nThe Zacks Consensus Estimate for the quarterly adjusted FFO per share has been unchanged at 56 cents over the past month. However, the figure indicates growth of 3.7% from the year-ago quarter’s reported figure.\nWhat Our Quantitative Model Predicts\nOur proven model predicts a likely surprise in terms of FFO per share for VICI Properties this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an FFO beat, which is the case here.\nVICI Properties currently has an Earnings ESP of +1.24% and carries a Zacks Rank of 3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.\nOther Stocks That Warrant a Look\nHere are two other stocks from the broader REIT sector — Simon Property Group SPG and Ryman Hospitality Properties RHP — that you may want to consider, as our model shows that these, too, have the right combination of elements to report a surprise this quarter.\nSimon Property, slated to release quarterly numbers on Nov. 1, has an Earnings ESP of +1.25% and carries a Zacks Rank of 3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.\nRyman Hospitality, scheduled to report quarterly numbers on Nov. 4, has an Earnings ESP of +1.23% and carries a Zacks Rank of 3.\nNote: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nSimon Property Group, Inc. (SPG) : Free Stock Analysis Report\nRyman Hospitality Properties, Inc. (RHP) : Free Stock Analysis Report\nVICI Properties Inc. (VICI) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2479754342"}