---
schema_version: "secwatch.filing_event.v1"
accession: "0001650132-22-000125"
form_type: "8-K"
ticker: "FCPT"
cik: "0001650132"
company_name: "Four Corners Property Trust, Inc."
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T18:35:47.770262+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FCPT Q3 2022: rental revenue $48.7M, AFFO $0.41/share, $69.9M in acquisitions

## Summary
- Rental revenue up 11.4% to $48.7M; net income $24.5M ($0.30 diluted) vs. $21.2M in Q3 2021.
- NAREIT FFO per diluted share $0.40, AFFO per share $0.41, both up $0.01 and $0.02 YoY respectively.
- Acquired 26 properties for $69.9M at 6.3% initial cash yield; sold 4 for $8.6M with $1.8M gain.
- Raised $78.9M equity via ATM at $28.09 avg.; $358M liquidity including $71M from forward sales.
- Dividend declared $0.3325 per share; portfolio 99.9% occupied with 8.6-year avg. lease term.

## SEC filing metadata
- accession: 0001650132-22-000125
- form_type: 8-K
- ticker: FCPT
- cik: 0001650132
- company_name: Four Corners Property Trust, Inc.
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650132/000165013222000125/0001650132-22-000125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650132/000165013222000125/fcpt-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001650132-22-000125
- JSON: https://secwatch.observer/filing/0001650132-22-000125.json
- Plain text: https://secwatch.observer/filing/0001650132-22-000125.txt

## Key facts
- Earnings Releases
  Four Corners Property Trust, Inc. reported the three months ended September 30, 2022 results: revenue $48.7 million, net income $24.5 million, EPS $0.30 per diluted share.
  - Period: the three months ended September 30, 2022
  - Revenue: $48.7 million
  - Net income: $24.5 million
  - EPS: $0.30 per diluted share
  - Result: preliminary results
  source text: 30, 2022. Financial Results Rental Revenue and Net Income Attributable to Common Shareholders • Rental revenue for the third quarter increased 11.4% over the prior year to $48.7 million. Rental revenue consisted of $47.6 million in cash rents and $1.1 million of straight-line and other non-cash rent adjustments. • Net income attributable to common shareholders
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650132/000165013222000125/0001650132-22-000125-index.htm
- Earnings Releases
  Four Corners Property Trust, Inc. reported the nine months ended September 30, 2022 results: net income $74.9 million, EPS $0.92 per diluted share.
  - Period: the nine months ended September 30, 2022
  - Net income: $74.9 million
  - EPS: $0.92 per diluted share
  - Result: preliminary results
  source text: On November 1, 2022, Four Corners Property Trust, Inc. (the “Company”) announced its financial results for the quarter ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650132/000165013222000125/0001650132-22-000125-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.