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Sep 30, 2021
FCPT Q3 2021 Earnings Report
Financial results for the three months ended September 30, 2021 were announced.
Key Takeaways
Four Corners Property Trust (FCPT) announced third-quarter financial results, featuring a 12.3% increase in rental revenue to $43.7 million and net income attributable to common shareholders of $21.2 million, or $0.28 per diluted share. The company acquired 53 properties for $107.4 million. Rent collections remained strong at 99.8%.
Rental revenue increased 12.3% year over year to $43.7 million.
Net income attributable to common shareholders was $21.2 million, or $0.28 per diluted share.
Acquired 53 properties for a combined purchase price of $107.4 million.
Rent collections remained strong at 99.8% of portfolio contractual base rent.
FCPT
FCPT
FCPT Revenue by Segment
Revenue by Segment
Rental Revenue
CapyFin.comRestaurant Revenue
CapyFin.com Forward Guidance
This press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include all statements that are not historical statements of fact and those regarding the Company’s intent, belief or expectations, including, but not limited to, statements regarding: operating and financial performance, announced transactions, expectations regarding the making of distributions and the payment of dividends, and the effect of pandemics such as COVID-19 on the business operations of the Company and the Company’s tenants and their continued ability to pay rent in a timely manner or at all.
Revenue & Expenses
Visualization of income flow from segment revenue to net income