Advertisement
Singapore markets closed

  • Straits Times Index

    3,290.70
    +24.75 (+0.76%)
     

  • Nikkei

    38,229.11
    +155.13 (+0.41%)
     

  • Hang Seng

    18,963.68
    +425.87 (+2.30%)
     

  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     

  • Bitcoin USD

    60,858.29
    -1,956.15 (-3.11%)
     

  • CMC Crypto 200

    1,261.26
    -96.74 (-7.12%)
     

  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     

  • Dow

    39,512.84
    +125.08 (+0.32%)
     

  • Nasdaq

    16,340.87
    -5.40 (-0.03%)
     

  • Gold

    2,366.90
    +26.60 (+1.14%)
     

  • Crude Oil

    78.20
    -1.06 (-1.34%)
     

  • 10-Yr Bond

    4.5040
    +0.0550 (+1.24%)
     

  • FTSE Bursa Malaysia

    1,600.67
    -0.55 (-0.03%)
     

  • Jakarta Composite Index

    7,088.79
    -34.81 (-0.49%)
     

  • PSE Index

    6,511.93
    -30.53 (-0.47%)
     

Here's What Key Metrics Tell Us About VICI Properties Inc. (VICI) Q1 Earnings

Zacks Equity Research
·2-min read

VICI Properties Inc. (VICI) reported $877.65 million in revenue for the quarter ended March 2023, representing a year-over-year increase of 110.7%. EPS of $0.53 for the same period compares to $0.35 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $831.46 million, representing a surprise of +5.56%. The company delivered an EPS surprise of +1.92%, with the consensus EPS estimate being $0.52.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

ADVERTISEMENT

Here is how VICI Properties Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Revenues- Golf revenues: $9.85 million versus the six-analyst average estimate of $9.08 million. The reported number represents a year-over-year change of +14.1%.

  • Revenues- Other income: $18.34 million compared to the $18.03 million average estimate based on four analysts. The reported number represents a change of +118.7% year over year.

  • Revenues- Income from lease financing receivables and loans: $371.07 million versus the three-analyst average estimate of $322.35 million. The reported number represents a year-over-year change of +409.2%.

  • Revenues- Income from sales-type leases: $478.39 million compared to the $466.56 million average estimate based on three analysts. The reported number represents a change of +46.4% year over year.

  • Net Earnings Per Share (Diluted): $0.52 versus the five-analyst average estimate of $0.60.

View all Key Company Metrics for VICI Properties Inc. here>>>

Shares of VICI Properties Inc. have returned +4.1% over the past month versus the Zacks S&P 500 composite's +5.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

Want 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

VICI Properties Inc. (VICI) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research