Four Corners Property: Q4 Financial Results Overview

FCPT Announces Fourth Quarter Financial Results

Four Corners Property Trust Inc., a real estate investment trust headquartered in Mill Valley, California, released its fourth-quarter financial performance on Wednesday.

During this period, the company reported funds from operations totaling $48.1 million, which equates to 45 cents per share.

Funds from operations, a key indicator in the REIT sector, is calculated by adding back expenses like depreciation and amortization to net income.

Additionally, FCPT disclosed a net income of $29.4 million, or 28 cents per share, for the quarter.

The trust also generated $75.7 million in revenue during the same timeframe.