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FCPT Announces Fourth Quarter 2024 Financial and Operating Results [Yahoo! Finance]

Four Corners Property Trust, Inc. (FCPT) 
Last four corners property trust, inc. earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
13 min read In This Article FCPT MILL VALLEY, Calif., February 12, 2025 BUSINESS WIRE )--Four Corners Property Trust, Inc. ("FCPT" or the "Company") (NYSE: FCPT) today announced financial results for the three and twelve months ended December 31, 2024. Management Comments "FCPT demonstrated great discipline on both capital raising and investing in 2024. We successfully acquired $265 million of properties leased to diverse national brands at accretive pricing. We ended the year with great momentum, closing on over $132 million of acquisitions in the fourth quarter," said CEO Bill Lenehan. "While the market remains volatile, we have already raised significant debt and equity capital in recent months to support continued AFFO growth. Subsequent to our Credit Facility extension and upsizing in January, we have boosted liquidity and extended debt maturities, all while maintaining a low leverage profile." Rent Collection Update As of December 31, 2024, the Company has receive Show less Read more
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