Four Corners Property Trust (FCPT) Misses Q1 EPS by 1c

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FCPT Announces First Quarter 2020 Financial and Operating Results and COVID-19 Update

May 6, 2020 4:05 PM EDT

MILL VALLEY, Calif.--(BUSINESS WIRE)-- Four Corners Property Trust, Inc. (FCPT or the Company, NYSE: FCPT) today announced financial results for the three months ended March 31, 2020.

Management Comments

We were pleased with the strong first quarter operating results which benefitted from a full quarter of rent from properties acquired at year end," said CEO Bill Lenehan. "The coronavirus pandemic has had a sudden impact on all of our tenants, but our team has adjusted capably to the evolving environment. Rent collectability has been solid... More