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FCPT reported a rental revenue increase of 10.3% year over year to $52.8 million and net income attributable to common shareholders of $23.6 million, or $0.27 per diluted share for the second quarter.
Rental revenue increased 10.3% over the prior year to $52.8 million.
Net income attributable to common shareholders was $23.6 million, or $0.27 per diluted share.
NAREIT-defined FFO per diluted share was $0.40, representing flat results compared to the same quarter in 2022.
AFFO per diluted share was $0.42, representing a $0.01 per share increase compared to the same quarter in 2022.
Visualization of income flow from segment revenue to net income