Loading...
•
Sep 30, 2022
FCPT Q3 2022 Earnings Report
FCPT demonstrated strong financial performance, driven by strategic acquisitions and equity issuances.
Key Takeaways
FCPT reported an increase in rental revenue, net income, and per-share FFO and AFFO compared to the same quarter in the previous year. The company acquired 26 properties for $69.9 million and raised $78.9 million through equity issuances.
Rental revenue increased by 11.4% year-over-year to $48.7 million.
Net income attributable to common shareholders was $24.5 million, or $0.30 per diluted share.
NAREIT-defined FFO per diluted share was $0.40, a $0.01 increase compared to the same quarter in 2021.
The Company acquired 26 properties for a combined purchase price of $69.9 million.
FCPT
FCPT
FCPT Revenue by Segment
Revenue by Segment
Rental Revenue
CapyFin.comRestaurant Revenue
CapyFin.com Forward Guidance
FCPT did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income