Four Corners Property Trust, Inc.

FCPT

US35086T1097

Commercial REITs

Market Closed - Nyse Other stock markets 16:00:02 2024-05-17 EDT			5-day change	1st Jan Change
25.05 ^USD	+0.20%		+3.38%	-0.99%

05-15	Four Corners Property Trust Acquires $2 Million Property in Illinois	MT
05-15	Four Corners Property Trust, Inc. acquired Longhorn Steakhouse Property in Illinois for $2 million.	CI

Four Corners Property Trust, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

May 01, 2024 at 04:05 pm

Four Corners Property Trust, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 58.57 million compared to USD 52.2 million a year ago. Revenue was USD 66.47 million compared to USD 59.95 million a year ago.

Net income was USD 24.04 million compared to USD 23.12 million a year ago. Basic earnings per share from continuing operations was USD 0.26 compared to USD 0.27 a year ago. Diluted earnings per share from continuing operations was USD 0.26 compared to USD 0.27 a year ago.

Latest news about Four Corners Property Trust, Inc.

Four Corners Property Trust Acquires $2 Million Property in Illinois	05-15	MT
Four Corners Property Trust, Inc. acquired Longhorn Steakhouse Property in Illinois for $2 million.	05-14	CI
Transcript : Four Corners Property Trust, Inc., Q1 2024 Earnings Call, May 02, 2024	05-02
Earnings Flash (FCPT) FOUR CORNERS PROPERTY TRUST Reports Q1 Revenue $66.5M	05-01	MT
Four Corners Property Trust, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	05-01	CI
Four Corners Property Trust, Inc. acquired Patient First Urgent Care Property from Patient First Corporation for $6.60 million.	04-28	CI
Four Corners Property Trust, Inc. acquired Banfield Pet Hospital property in Lowa for $2.4 million.	04-10	CI
Four Corners Property Trust Acquires $2 Million Property in Alabama	03-26	MT
Four Corners Property Trust, Inc. acquired Heartland Dental property for $2 million.	03-25	CI
Four Corners Property Trust Lands New $85 Million Term Loan	03-14	MT
Four Corners Property Trust, Inc. Announces New $85 Million Term Loan Under Existing Credit Facility	03-14	CI
Four Corners Property Trust Keeps Q1 Dividend at $0.345 a Share, Payable April 15 to Holders of Record March 28	03-11	MT
Four Corners Property Trust, Inc. Declares Cash Dividend for the First Quarter of 2024, Payable on April 15, 2024	03-11	CI
Four Corners Property Trust Appoints Patrick Wernig as CFO, Succeeding Gerry Morgan	03-07	MT
Four Corners Property Trust, Inc. Announces Chief Financial Officer Changes	03-07	CI
Transcript : Four Corners Property Trust, Inc., Q4 2023 Earnings Call, Feb 15, 2024	02-15
Four Corners Property Trust Q4 Adjusted FFO, Revenue Rise -- Shares Up After Hours	02-14	MT
Four Corners Property Trust Keeps Q4 Dividend at $0.345 a Share	02-14	MT
Four Corners Property Trust, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	02-14	CI
Earnings Flash (FCPT) FOUR CORNERS PROPERTY TRUST Posts Q4 Revenue $65.1M	02-14	MT
Four Corners Property Trust, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	02-14	CI
Four Corners Property Trust Acquires Primary Care Property for $9.7 Million	02-14	MT
Four Corners Property Trust, Inc. acquired Baptist Medical Group primary care property for $9.7 million.	02-12	CI
Raymond James Trims Four Corners Property Trust's Price Target to $28 From $29, Keeps Outperform Rating	01-08	MT
Four Corners Property Trust, Inc. acquired Two Oak Street Health properties in Iowa and Louisiana for $4.2 million.	01-04	CI

Chart Four Corners Property Trust, Inc.

Duration

Period

More charts

Company Profile

Four Corners Property Trust, Inc. is a real estate investment trust (REIT) primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company's segments are real estate operations and restaurant operations. Its real estate operations segment consists of rental revenues primarily generated by leasing restaurant properties to tenants through net lease arrangements under which the tenant is primarily responsible for ongoing costs relating to the properties. Its restaurant operations segment is conducted through a taxable REIT subsidiary and consists of its Kerrow Restaurant Operating Business. It operates the Kerrow Restaurant Operating Business through Kerrow Holdings, LLC (Kerrow). The Companyâs investment portfolio includes approximately 1,111 rental properties located in 47 different states across the continental United States, comprised of 148 tenant brands. It has an aggregate leasable area of approximately 7.5 million square feet.

Sector

Commercial REITs

Calendar

2024-06-06 - Annual General Meeting

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Four Corners Property Trust, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

25 USD

Average target price

25.67 USD

Spread / Average Target

+2.67%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Retail REITs

	1st Jan change	Capi.
FOUR CORNERS PROPERTY TRUST, INC.	-0.99%	2.3B
SIMON PROPERTY GROUP, INC.	+4.31%	48.45B
KIMCO REALTY CORPORATION	-9.81%	12.88B
THE LINK REAL ESTATE INVESTMENT TRUST	-16.88%	11.93B
REGENCY CENTERS CORPORATION	-9.12%	11.08B
NNN REIT, INC.	-1.25%	7.77B
BRIXMOR PROPERTY GROUP INC.	-3.22%	6.71B
AGREE REALTY CORPORATION	-3.84%	6.06B
VICINITY CENTRES	-5.15%	6B
KITE REALTY GROUP TRUST	-7.13%	4.62B

Retail REITs