Four Corners Property: Q1 Earnings Snapshot

Published: 2026-04-29 16:50:11 ET FCPT

Published on 04/29/2026 at 04:50 pm EDT

MILL VALLEY, Calif. (AP) — MILL VALLEY, Calif. (AP) — Four Corners Property Trust Inc. (FCPT) on Wednesday reported a key measure of profitability in its first quarter.

The real estate investment trust, based in Mill Valley, California, said it had funds from operations of $49.7 million, or 45 cents per share, in the period.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $30.3 million, or 28 cents per share.

The real estate investment trust, based in Mill Valley, California, posted revenue of $78.2 million in the period.

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