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Four Corners Property Trust Inc (FCPT)
:FCPT
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.28Last Year’s EPS
0.27Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: -2.36%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Positive
The earnings call for FCPT Q1 2025 presented a strong financial performance with record acquisition volumes, high liquidity, and diversified tenant base. However, minor rent collection issues and concerns about economic uncertainty were noted.Company Guidance
During the FCPT First Quarter 2025 Financial Results Conference Call, the company reported a record-high acquisition volume for Q1, closing $70 million of acquisitions at a blended 6.7% cap rate. This builds on a strong Q4 2024, with $269 million of acquisitions over the past eight months. FCPT raised $475 million in equity since July 2024, bringing leverage to a seven-year low. Rent coverage for Q1 was 4.9x, and occupancy was 99.4%. The company continues to focus on nationally branded restaurant operators, with significant growth in same-store sales for key tenants like Chili's (31.6%), Olive Garden (1%), and Longhorn (2.6%). Diversification efforts have reduced Darden's rent roll contribution from 100% to 47%. FCPT has significant liquidity, minimal debt exposure, and no near-term maturities, positioning it well for potential market uncertainties.Record Acquisition Volume
Q1 2025 marked the highest acquisition volume for a first quarter in FCPT's history, with $70 million in acquisitions at a 6.7% cap rate, continuing momentum from a strong Q4 2024.
Strong Financial Position
FCPT reported Q1 AFFO of $0.44 per share, up 2.3% from Q1 last year, and cash rental income of $63.2 million, representing a 9.1% growth year-over-year.
Low Leverage and High Liquidity
FCPT achieved its lowest leverage levels in seven years and maintained significant liquidity with over $617 million available for funding acquisitions.
High Portfolio Occupancy
Portfolio occupancy stands at 99.4% with a 99.5% rent collection rate for Q1, indicating strong tenant performance and reliable income streams.
Diversified Tenant Base
FCPT has diversified its tenant base with Darden now representing only 47% of the rent roll, down from 100% at inception, across 1,236 leases.
FCPT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FCPT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2025 | $27.95 | $27.89 | -0.21% |
Feb 12, 2025 | $27.40 | $28.06 | +2.41% |
Oct 30, 2024 | $27.18 | $26.87 | -1.14% |
Jul 31, 2024 | $26.15 | $26.26 | +0.42% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Four Corners Property Trust Inc (FCPT) report earnings?
Four Corners Property Trust Inc (FCPT) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Four Corners Property Trust Inc (FCPT) earnings time?
Four Corners Property Trust Inc (FCPT) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FCPT EPS forecast?
FCPT EPS forecast for the fiscal quarter 2025 (Q2) is 0.28.