FCPT Q2 rental revenue $64.8M (+10.7% YoY); AFFO $0.44 per share

Four Corners Property Trust, Inc.

2025-Q2 EPS reported $0.54 revenue$144,318,000

Net income $27.9M ($0.28 diluted EPS) vs $24.7M ($0.27) in Q2 2024.
Acquired 24 properties for $84.4M at 6.7% initial cash yield; portfolio 99.4% occupied.
Leverage 5.4x net debt/EBITDAre (4.5x incl. forward equity); total liquidity $562M.
Dividend maintained at $0.3550 per share; YTD ATM proceeds $172.7M at avg $28.27.
AFFO per share $0.44 (+$0.01 YoY); cash G&A 6.9% of cash rental income.

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