secwatch.observer — SEC 8-K summary
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Issuer:     Four Corners Property Trust, Inc. (FCPT)
CIK:        0001650132
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000950170-24-119004
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FCPT Q3 rental revenue $59.3M (+3.7% YoY), AFFO per share $0.43, raises $224M equity
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- Rental revenue $59.3M, +3.7% YoY; net income $25.6M ($0.27 diluted EPS).
- AFFO per diluted share $0.43 (+$0.01 YoY); NAREIT FFO per share $0.41 flat.
- Acquired 21 properties for $70.7M at 7.2% cash yield during Q3.
- Sold 8.2M shares via ATM since July for $224.1M gross; liquidity $393M.
- Portfolio 1,153 properties, 99.6% occupied, WALT 7.3 years; dividend $0.345/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650132/000095017024119004/0000950170-24-119004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650132/000095017024119004/fcpt-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-119004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer