Four Corners Property: Q3 Earnings Snapshot

Four Corners Property Trust's Q3 earnings report, released on October 29th, showed consistent performance with analysts' expectations. The company reported funds from operations of $46.4 million, or $0.45 per share, matching the consensus estimate of $0.45 per share. This figure, which adds back non-cash expenses like depreciation and amortization to net income, indicates a steady cash flow and performance. The company also reported a net income of $28.8 million, or $0.28 per share, and total revenue of $74.1 million. With these results, investors will closely monitor future performance to ensure Four Corners can maintain its steady income stream.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.