VICI Properties beats Q3 revenue estimates, lifts lower end of 2024 FFO forecast

Reuters
2024.10.31 22:10
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VICI Properties exceeded Q3 revenue expectations, reporting $329.7 million, and raised the lower end of its 2024 FFO forecast to $1.25-$1.26 per share. The REIT, focusing on experiential real estate investments, saw a 1% increase in shares post-announcement. Its portfolio includes notable casinos and various experience-based properties, operating on a sale-leaseback model to enhance income.