Four Corners Property Reports Strong Q3 2024 Growth

Four Corners Property ( (FCPT) ) just unveiled an announcement.

Four Corners Property Trust (FCPT) demonstrated robust financial health in Q3 2024 with increased rental revenue of $59.3 million, up 3.7% year-over-year. The company’s net income rose to $25.6 million, solidifying its strong market position. FCPT’s acquisition strategy is thriving, with 21 new properties acquired, and a remarkable 99.8% rent collection rate, showcasing stability and growth potential for investors. With a solid balance sheet and significant liquidity, FCPT is poised for continued expansion and AFFO growth.

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