Four Corners Property Trust — Third Quarter 2026 Earnings Summary

Four Corners Property Trust reported third-quarter 2026 rental revenue of $75.7 million, a 13.8% increase from the prior year, with net income attributable to common shareholders totaling $28.8 million. The company acquired 120 net lease properties for $326.3 million during the quarter, funded entirely by low-cost debt, while maintaining a 99.7% rent collection rate. Adjusted Funds from Operations (AFFO) per diluted share rose to $0.46, reflecting a 2.9% year-over-year growth, and the Board authorized a new $100 million share repurchase program. Additionally, the company declared a monthly dividend of $0.1265 per share, representing a 3.5% increase from the previous quarter.