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Mar 31, 2022
FCPT Q1 2022 Earnings Report
FCPT had a solid start to 2022, with continued high rent collection levels and opportunistic capital raising.
Key Takeaways
Four Corners Property Trust reported a 12.9% increase in rental revenue compared to the prior year, reaching $46.9 million. Net income attributable to common shareholders was $22.3 million, or $0.28 per diluted share.
FCPT had a solid start to 2022 with high rent collection levels.
Fitch upgraded FCPT to BBB, highlighting the quality and performance of the portfolio.
Rental revenue for the first quarter increased 12.9% over the prior year to $46.9 million.
Net income attributable to common shareholders was $22.3 million for the first quarter, or $0.28 per diluted share.
FCPT
FCPT
FCPT Revenue by Segment
Revenue by Segment
Rental Revenue
CapyFin.comRestaurant Revenue
CapyFin.comRevenue & Expenses
Visualization of income flow from segment revenue to net income