Four Corners Property Trust (FCPT) Misses Q4 EPS by 1c
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FCPT Announces Fourth Quarter 2020 Financial and Operating Results
February 17, 2021 4:05 PM ESTMILL 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, 2020.
Management Comments
FCPT had a strong fourth quarter with continuing high rent collection levels and over $100 million of acquisitions, said CEO Bill Lenehan. We were also successful in raising over $87 million of equity capital in the quarter to fund our growth and maintain conservative leverage. All of this sets us up well to maintain our momentum into 2021. Mr.... More
