Headquartered in New York, VICI Properties Inc. (VICI) is a real estate investment trust (REIT) focused on owning, acquiring, and developing gaming, hospitality, and entertainment destinations. With a market cap of $30.7 billion, it boasts a significant portfolio that includes renowned gaming, hospitality, and entertainment destinations such as Caesars Palace Las Vegas, MGM Grand, and the Venetian Resort Las Vegas, all iconic landmarks on the Las Vegas Strip. The leading REIT is set to announce its Q2 earnings for fiscal 2024 after the market closes on Wednesday, Jul. 31.
Ahead of the event, analysts expect VICI Properties to report an FFO of $0.56 per share, up 3.7% from $0.54 per share in the year-ago quarter. The company has exceeded or met Wall Street’s EPS estimates in each of the last four quarters.
