---
schema_version: "secwatch.filing_event.v1"
accession: "0001650132-23-000141"
form_type: "8-K"
ticker: "FCPT"
cik: "0001650132"
company_name: "Four Corners Property Trust, Inc."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:45:59.543021+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FCPT Q3 rental revenue up 17.3% to $57.2M; FFO per share $0.41 (+$0.01 YoY)

## Summary
- Net income attributable to common shareholders $24.2M ($0.27 diluted) vs $24.5M ($0.30) in Q3 2022.
- Acquired 31 properties for $130.2M at 6.4% initial cash yield; sold 2 for $11.2M.
- Portfolio 99.8% occupied; weighted avg lease term 8.0 years across 1,106 properties.
- Dividend declared $0.34 per share; liquidity $237M; net debt/EBITDAre 5.6x.
- AFFO per share $0.42, up $0.01 YoY; NAREIT FFO per share $0.41, up $0.01.

## SEC filing metadata
- accession: 0001650132-23-000141
- form_type: 8-K
- ticker: FCPT
- cik: 0001650132
- company_name: Four Corners Property Trust, Inc.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1650132/000165013223000141/0001650132-23-000141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650132/000165013223000141/fcpt-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001650132-23-000141
- JSON: https://secwatch.observer/filing/0001650132-23-000141.json
- Plain text: https://secwatch.observer/filing/0001650132-23-000141.txt

## Key facts
- Earnings Releases
  Four Corners Property Trust, Inc. reported the quarter ended September 30, 2023 results: revenue $57.2 million, net income $24.2 million, EPS $0.27 per diluted share.
  - Period: the quarter ended September 30, 2023
  - Revenue: $57.2 million
  - Net income: $24.2 million
  - EPS: $0.27 per diluted share
  - Result: reported results
  source text: 30, 2023. Financial Results Rental Revenue and Net Income Attributable to Common Shareholders • Rental revenue for the third quarter increased 17.3% over the prior year to $57.2 million. Rental revenue consisted of $56.1 million in cash rents and $1.2 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/1650132/000165013223000141/0001650132-23-000141-index.htm
- Earnings Releases
  Four Corners Property Trust, Inc. reported the nine months ended September 30, 2023 results: net income $70.9 million, EPS $0.80 per diluted share.
  - Period: the nine months ended September 30, 2023
  - Net income: $70.9 million
  - EPS: $0.80 per diluted share
  - Result: reported results
  source text: Net income attributable to common shareholders was $70.9 million for the nine months ended September 30, 2023, or $0.80 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650132/000165013223000141/0001650132-23-000141-index.htm

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