Four Corners Property Trust (FCPT) Reports In-Line Q4 EPS

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FCPT Announces Fourth Quarter 2019 Financial and Operating Results

February 12, 2020 4:05 PM EST

MILL VALLEY, Calif.--(BUSINESS WIRE)-- Four Corners Property Trust, Inc. (FCPT or the Company, NYSE: FCPT) today announced financial results for the three months and the year ended December 31, 2019.

Management Comments

FCPT had a very productive 2019. The company invested nearly $200 million in properties that met or exceeded our return objectives, serving to both expand and position the company further toward one of our stated strategic objectives of diversification, said CEO Bill Lenehan. We begin 2020 with a significant volume of announced but not yet closed outparcel transactions of... More