VICI Properties Q2 2021 Earnings Report
Key Takeaways
VICI Properties Inc. announced strong second-quarter results, with a 45.9% year-over-year increase in total revenues to $376.4 million. Net income attributable to common stockholders was $300.7 million, or $0.54 per share. The company reaffirmed its full-year 2021 AFFO guidance and entered into a strategic arrangement with Great Wolf Resorts, Inc.
Total revenues increased 45.9% year-over-year to $376.4 million.
Net income attributable to common stockholders was $300.7 million, or $0.54 per share.
AFFO increased 45.3% year-over-year to $256.1 million.
Entered into a strategic arrangement with Great Wolf Resorts, Inc. to provide up to $300 million of mezzanine financing.
VICI Properties
VICI Properties
VICI Properties Revenue by Segment
Forward Guidance
The Company is reaffirming AFFO guidance for the full year 2021. The Company estimates AFFO for the year ending December 31, 2021 will be between $1,010.0 million and $1,035.0 million, or between $1.82 and $1.87 per diluted share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income