tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Four Corners Property Trust reports Q2 AFFO 44c, consensus 44c

Reports Q2 revenue $72.84M, consensus $70.74M. “FCPT continued strong momentum into the Q2. We acquired over $84M of properties while keeping steadfast to our strategy of nationally branded, strong brands with sensible rent levels at attractive pricing. We acquired over $344M of properties over the past 12 months, one of our highest consecutive four quarter periods,” said CEO Bill Lenehan. “We are entering Q3 with significant liquidity and a low leverage profile that positions us to fuel further growth in the second half of the year as opportunities present themselves.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1