Four Corners Property Trust (FCPT) Misses Q3 EPS by 1c

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Go back to Four Corners Property Trust (FCPT) Misses Q3 EPS by 1c

FCPT Announces Third Quarter 2023 Financial and Operating Results

November 1, 2023 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 and nine months ended September 30, 2023.

Management Comments

Through the first three quarters, FCPT has achieved a record acquisition growth year, up 13% over 2022 total volume, funded through accretive capital raised earlier in the year. Additionally, our portfolio continued to perform well with high rent collections and occupancy, said CEO Bill Lenehan. We believe that we are well-positioned in a higher rate environment and... More