---
schema_version: "secwatch.filing_event.v1"
accession: "0001650132-24-000075"
form_type: "8-K"
ticker: "FCPT"
cik: "0001650132"
company_name: "Four Corners Property Trust, Inc."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T02:56:16.053093+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FCPT Q1 2024: rental revenue $58.6M (+12.3% YoY), FFO $0.41, AFFO $0.43

## Summary
- Rental revenue $58.6M (+12.3% YoY), net income $24.0M ($0.26 diluted EPS).
- NAREIT FFO $0.41/diluted share, AFFO $0.43/diluted share, both up $0.02 YoY.
- Acquired 4 properties for $15.9M at 6.9% cash yield; issued $85M term loan at 4.89%.
- Portfolio: 1,115 properties, 99.6% occupied, 7.6-year avg lease term, 99.7% rent collected.
- Dividend $0.345/share; liquidity $277M incl. $250M undrawn revolver; no maturities until Nov 2025.

## SEC filing metadata
- accession: 0001650132-24-000075
- form_type: 8-K
- ticker: FCPT
- cik: 0001650132
- company_name: Four Corners Property Trust, Inc.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650132/000165013224000075/0001650132-24-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650132/000165013224000075/fcpt-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001650132-24-000075
- JSON: https://secwatch.observer/filing/0001650132-24-000075.json
- Plain text: https://secwatch.observer/filing/0001650132-24-000075.txt

## Key facts
- Earnings Releases
  Four Corners Property Trust, Inc. reported the three months ended March 31, 2024 results: revenue $58.6 million, net income $24.0 million, EPS $0.26 per diluted share.
  - Period: the three months ended March 31, 2024
  - Revenue: $58.6 million
  - Net income: $24.0 million
  - EPS: $0.26 per diluted share
  - Result: reported results
  source text: March 31, 2023. Financial Results Rental Revenue and Net Income Attributable to Common Shareholders • Rental revenue for the first quarter increased 12.3% over the prior year to $58.6 million. Rental revenue consisted of $58.0 million in cash rents and $0.6 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/1650132/000165013224000075/0001650132-24-000075-index.htm

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