earnings
confidence high
sentiment positive
materiality 0.70
FCPT Q1 rental revenue up 8.4% to $63.5M; acquires $56.5M in properties
Four Corners Property Trust, Inc.
2025-Q1 EPS reported
$0.26
revenue$71,476,000
- Net income attributable to common shareholders $26.2M ($0.26 diluted EPS), vs $24.0M ($0.26) prior year.
- NAREIT FFO per diluted share flat at $0.41; AFFO per share $0.44, up $0.01 from Q1 2024.
- Acquired 23 properties for $56.5M at 6.7% initial cash yield; portfolio 99.4% occupied, 1,221 properties.
- Raised $149M via ATM at $28.30 avg price; net debt/EBITDA leverage 5.6x (4.4x including forward equity).