Four Corners Property Trust (FCPT) Tops Q4 EPS by 2c

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FCPT Announces Fourth Quarter 2021 Financial and Operating Results

February 16, 2022 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 year ended December 31, 2021.

Management Comments

FCPT closed out 2021 with over $70 million of acquisitions in the fourth quarter, high rent collection levels and strong AFFO per share growth of over 10% for the quarter and 8% for the year in total, said CEO Bill Lenehan. We continue to benefit from the expanded addressable universe outside of restaurants for acquisitions in other targeted verticals. We... More