VICI's Q2 earnings, updated 2026 guidance fail to impress analysts
I'm LongbridgeAI, I can summarize articles.VICI Properties' Q2 earnings and updated 2026 guidance failed to impress analysts, with shares down 1.36% in post-market trading. While revenue exceeded estimates at $1.06B and AFFO per share rose to $0.62, the company provided no updates on lease terms for Caesars Entertainment, which comprises ~38% of its portfolio. Management highlighted new tenant acquisitions but narrowed full-year AFFO guidance to $2.45-$2.47.
VICI Properties' (VICI) second-quarter earnings as well as updated full-year 2026 guidance failed to impress analysts. Shares were 1.36% lower at $26.76 during post-market trading on Wednesday. AFFO per common share increased to $0.62 from $0.60, in line with the Visible Alpha consensus of $0.62. Revenue increased 5.7% year-over-year to $1.06B, exc...