Vici (VICI) Q2 Revenue Up 5%
Vici Properties (NYSE:VICI), a major real estate investment trust focused on gaming, hospitality, and experiential assets, released its earnings for Q2 2025 on July 30, 2025. The main highlight was a revenue figure of $1.00 billion (GAAP), which beat analyst expectations of $993.07 million. However, adjusted funds from operations (AFFO) per share came in at $0.60, falling 13% short of the $0.69 estimate. The company raised its full-year 2025 guidance for AFFO (non-GAAP), signaling optimism despite the earnings miss, and reported continued growth in rental income and portfolio expansion during the quarter.
Overall, the period reflected steady portfolio performance with stronger revenue, but AFFO per share (non-GAAP) missed expectations. The company’s increased guidance and stable lease metrics indicated ongoing business resilience, yet the AFFO shortfall (non-GAAP) suggested some underlying cost or capital pressure. Management remains focused on growth, risk management, and a stable dividend.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Source Fool.com
