Four Corners Property Trust Inc reports results for the quarter ended in June - Earnings Summary

Four Corners Property Trust

01/08/2023 23:05

* Four Corners Property Trust Inc  FCPT.N  reported
quarterly
adjusted earnings of 27 cents​​ per share for the quarter ended
in June. The mean expectation of three analysts for the quarter
was for earnings of 26 cents per share.
    * Revenue rose 9.5% to $60.69 million from a year ago;
analysts
expected $61.16 million. 
    * Four Corners Property Trust Inc's reported EPS for the
quarter
was 27 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Four Corners Property Trust Inc shares had risen by 3.5%
this
quarter and gained 1.4% so far this year.
    * The company reported quarterly net income of $23.63
million.
    * Wall Street's median 12-month price target for Four
Corners
Property Trust Inc is $28.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 1 at 10:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.41           0.42           Beat
 Mar. 31 2023      0.41           0.41           Met
 Dec. 31 2022      0.41           0.41           Met
 Sep. 30 2022      0.41           0.40           Missed