
• Reported GAAP EPS of $0.82 up 60.78% YoY • Reported revenue of $1.02B up 3.49% YoY • VICI Properties raised its AFFO guidance for full year 2026 to between $2,665 million and $2,695 million, or $2.44 to $2.47 per diluted common share.
Bullish
VICI Properties demonstrated strong growth and strategic expansion, deepening partnerships with a $1.5 billion mezzanine loan and announcing multiple significant casino real estate acquisitions and new leases.
Bearish
VICI Properties faces risks from its substantial indebtedness and dependence on the highly regulated gaming industry, alongside challenges in successfully executing future acquisitions and securing attractive financing.