VICI Properties (VICI) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year ago. The company's trailing twelve-month revenue also reflected growth over the prior fiscal year.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year ago. The company's trailing twelve-month revenue also reflected growth over the prior fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$964.7M
Revenue reported for this quarter.
Quarter-over-quarter
+0.8%
Change from the immediately preceding quarter.
Year-over-year
+6.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $931.9M | +21.0% |
| Mar 31, 2024 | $951.5M | +8.4% |
| Jun 30, 2024 | $957M | +6.6% |
| Sep 30, 2024 | $964.7M | +6.7% |
Revenue performance
Reported revenue rose from the prior quarter, continuing the sequential upward trend observed throughout the calendar year. The year-over-year comparison also showed an increase, extending the positive trajectory from the prior year's corresponding period.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was higher. Versus the same quarter one year ago, revenue also increased, with the year-over-year growth rate similar to the prior quarter's year-over-year rate.
What to watch
The filing's liquidity section noted subsequent settlement of forward sale agreements after quarter end, which may affect future cash and share counts.