secwatch.observer — SEC 8-K summary
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Issuer:     Four Corners Property Trust, Inc. (FCPT)
CIK:        0001650132
Form:       8-K
Filed at:   2025-07-29T23:59:59+00:00
Accession:  0000950170-25-099720
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650132/000095017025099720/0000950170-25-099720-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650132/000095017025099720/fcpt-20250729.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-099720

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