VICI Properties Q1 Profit Climbs On Higher Revenues
(RTTNews) - Real estate investment trust VICI Properties Inc. (VICI), on Wednesday, reported an increase in profit for the first quarter, as revenues rose.
Net income jumped to $872.4 million, up from $543.6 million in the first quarter of 2025. Earnings per share also climbed to $0.82 from $0.51 per share a year earlier.
Total revenues for the quarter reached $1.01 billion, up from $984.2 million a year ago, growth fueled by increased income from lease financing and sales-type leases.
VICI is currently trading at $28.61, up $0.01 or 0.04 percent on the New York Stock Exchange.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.