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Sep 30, 2020
VICI Properties Q3 2020 Earnings Report
Reported third quarter 2020 results with revenue increase and strategic acquisitions.
Key Takeaways
VICI Properties reported a strong Q3 2020, marked by a 52.6% increase in total revenues to $339.7 million and net income of $398.3 million, driven by strategic acquisitions and investments including the Caesars transaction. The company also completed its first investment outside of gaming through a mortgage loan to Chelsea Piers New York.
Total revenues increased 52.6% year-over-year to $339.7 million.
Net income attributable to common stockholders was $398.3 million, or $0.74 per share.
AFFO increased 38.4% year-over-year to $227.9 million; AFFO per share increased 22.9% to $0.43.
Completed $3.7 billion of acquisitions and investments, including closure of $3.2 billion transaction with Caesars.
VICI Properties
VICI Properties
VICI Properties Revenue by Segment
Revenue by Segment
Sales-type leases Revenue
CapyFin.comLease financing & loans Revenue
CapyFin.comGolf Revenue
CapyFin.com Forward Guidance
No specific forward guidance was provided in the earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income