VICI Properties Q3 Profit Falls to $342.5 Million as EPS Drops to $0.31

VICI Properties Inc. (VICI) reported third-quarter earnings of $342.534 million, or $0.31 per share, down sharply from $762.040 million, or $0.71 per share, a year earlier. Revenue for the period rose 5.8% to $1.065 billion from $1.007 billion last year, according to GAAP figures released by the real estate investment trust. The profit decline contrasts with top-line growth, as the company's bottom line fell despite higher rental revenue.