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Four Corners Property Trust Inc Reports Solid Growth in Rental Revenue for Q4 2023 [Yahoo! Finance]

Four Corners Property Trust, Inc. (FCPT) 
Last four corners property trust, inc. earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Net Income : Attributable to common shareholders was $24.4 million for Q4, maintaining $0.27 per diluted share year-over-year. Acquisitions : FCPT grew its portfolio with $333 million in high-quality acquisitions, enhancing rent by 14%. Funds from Operations (FFO) : NAREIT-defined FFO per diluted share rose to $0.41 in Q4, a $0.01 increase from Q4 2022. Adjusted Funds from Operations (AFFO) : AFFO per diluted share for Q4 reached $0.43, up $0.02 from the same quarter in 2022. Liquidity : FCPT reported approximately $259 million in available liquidity, including cash and undrawn credit. Dividends : Declared a dividend of $0.345 per common share for Q4 2023. Warning! GuruFocus has detected 7 Warning Signs with FCPT. On February 14, 2024, Four Corners Property Trust Inc ( NYSE:FCPT ) released its 8-K filing , detailing its financial results for the fourth quarter and full year ended December 31, 2023. FCPT, a real estate investment trust specializing in restaurant and reta Show less Read more
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