NYSE$VICI
VICI Properties Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
VICI's third quarter financial performance reflected the full impact of acquisition and financing activity, doubling total revenue year-over-year. The company increased its dividend by 8.3% and capitalized on existing partnerships to drive incremental growth.
VICI Properties Inc. reported strong Q3 2022 results, with total revenues increasing by 100.0% year-over-year to $751.5 million. Net income attributable to common stockholders was $330.9 million, or $0.34 per share. AFFO attributable to common stockholders increased 82.8% year-over-year to $470.7 million, with AFFO per share increasing 8.5% year-over-year to $0.49. The Company also announced the acquisition of Rocky Gap Casino Resort and expanded its partnership with Great Wolf Resorts.
- Total revenues increased 100.0% year-over-year to $751.5 million.
- Net income attributable to common stockholders was $330.9 million, or $0.34 per share.
- AFFO attributable to common stockholders increased 82.8% year-over-year to $470.7 million.
- Announced $203.9 million acquisition of Rocky Gap Casino Resort.
Headline financials
Revenue & EPS history
VICI Properties · Revenue · Quarterly
$752M
Revenue by segment
VICI Properties · $752M total across 4 segments · Q3 2022
- Income from Sales-Type Leases$376M+28.8%50.0%
- Lease Financing and Loans$351M+399.9%46.7%
- Other Income$17.9M+157.5%2.4%
- Golf Revenues$6.69M+2.8%0.9%
Forward guidance
The Company is updating AFFO guidance for the full year 2022. The Company estimates AFFO for the year ending December 31, 2022 will be between $1,682.0 million and $1,692.0 million, or between $1.91 and $1.92 per diluted common share. Guidance does not include the impact on operating results from any possible future acquisitions or dispositions, capital markets activity, or other non-recurring transactions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
+0.0%
Avg return
Earnings day
-0.2%
Avg return
5 days after
-1.0%
Avg return
30 days after
47%
16 / 34 earnings
Positive
+4.8%
Q3 2022
Best reaction
-7.5%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.2% | -2.0% | -1.5% | |
| Q4 2025 | +2.2% | -0.1% | -12.0% | |
| Q3 2025 | +1.9% | +2.2% | -2.4% | |
| Q1 2025 | -1.6% | -1.5% | -1.0% | |
| Q4 2024 | +1.7% | +5.3% | +2.5% | |
| Q3 2024 | -3.0% | -1.2% | +0.6% | |
| Q2 2024 | -0.3% | -2.1% | +6.6% | |
| Q1 2024 | +0.9% | +1.8% | +0.6% | |
| Q4 2023 | +1.3% | -0.9% | -2.8% | |
| Q3 2023 | -1.4% | -2.8% | +2.5% | |
| Q2 2023 | -2.8% | -4.1% | -7.1% | |
| Q1 2023 | -3.7% | -3.3% | -8.9% | |
| Q4 2022 | -0.5% | +0.2% | -7.2% | |
| Q3 2022 | +4.8% | +6.7% | +8.8% | |
| Q2 2022 | +2.8% | +4.0% | +2.3% | |
| Q1 2022 | -0.6% | -8.9% | +4.9% | |
| Q4 2021 | +0.8% | +2.4% | +0.0% | |
| Q3 2021 | -0.6% | -2.1% | -7.9% | |
| Q2 2021 | -2.4% | -3.3% | -3.8% | |
| Q1 2021 | +0.7% | +0.7% | -1.1% | |
| Q4 2020 | +2.4% | +3.6% | +2.6% | |
| Q3 2020 | +2.7% | +4.5% | +13.5% | |
| Q2 2020 | +4.6% | +6.2% | +11.0% | |
| Q1 2020 | -7.5% | -8.2% | +9.6% | |
| Q4 2019 | +2.5% | -2.8% | -55.2% | |
| Q3 2019 | +2.3% | +0.3% | +3.1% | |
| Q2 2019 | -2.4% | -3.0% | +3.1% | |
| Q1 2019 | +0.1% | -0.2% | -2.7% | |
| Q4 2018 | -0.9% | -1.2% | -0.1% | |
| Q3 2018 | -0.7% | +1.0% | +0.8% | |
| Q2 2018 | -2.3% | -0.7% | +4.5% | |
| Q1 2018 | +0.8% | +3.0% | +11.2% | |
| Q4 2017 | -0.1% | -0.1% | -6.8% | |
| Q3 2017 | -0.8% | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — |
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