Four Corners Property Trust (FCPT) Meets Q3 FFO Estimates

Four Corners Property Trust (FCPT) came out with quarterly funds from operations (FFO) of $0.43 per share, in line with the Zacks Consensus Estimate. This compares to FFO of$0.42 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.43 per share when it actually produced FFO of$0.43, delivering no surprise. Over the last four quarters, the company has surpassed consensus FFO estimates two times. ...