Jun 30, 2020

VICI Properties Q2 2020 Earnings Report

VICI Properties reported an increase in total revenues and net income for Q2 2020.

Key Takeaways

VICI Properties reported strong Q2 2020 results, with total revenues increasing by 16.8% year-over-year to $257.9 million and net income attributable to common stockholders reaching $229.4 million, or $0.47 per share. The company also announced $503.5 million in acquisitions and investments and maintained 100% rent collection during the quarter.

Total revenues increased 16.8% year-over-year to $257.9 million.

Net income attributable to common stockholders was $229.4 million, or $0.47 per share.

The company announced $503.5 million of acquisitions and investments.

VICI collected 100% of rent during the second quarter and in July.

Total Revenue
$258M
Previous year: $221M
+16.8%
EPS
$0.36
Previous year: $0.38
-5.3%
Gross Profit
$253M
Previous year: $216M
+17.2%
Cash and Equivalents
$1.68B
Previous year: $1.21B
+39.4%
Total Assets
$16.3B
Previous year: $12.5B
+30.0%

VICI Properties

VICI Properties

VICI Properties Revenue by Segment

Forward Guidance

While VICI Properties is encouraged by early re-opening data across the gaming industry, they will continue to monitor the landscape during this uncertain time and manage their portfolio and relationships to preserve long-term value.

Revenue & Expenses

Visualization of income flow from segment revenue to net income