Four Corners Property Trust (FCPT) Beats Q4 FFO Estimates

分组1 - Four Corners Property Trust (FCPT) reported quarterly funds from operations (FFO) of $0.44 per share, exceeding the Zacks Consensus Estimate of$0.42 per share, and showing a slight increase from $0.43 per share a year ago, resulting in an FFO surprise of 4.76$68.34 million for the quarter ended December 2024, which was 2.10% below the Zacks Consensus Estimate, compared to $65.14 million in the same quarter last year [2] - Over the last four quarters, FCPT has surpassed consensus FFO estimates two times and topped consensus revenue estimates only once [2] 分组2 - The stock's immediate price movement will largely depend on management's commentary during the earnings call and future FFO expectations [3] - FCPT shares have increased approximately 3% since the beginning of the year, slightly underperforming the S&P 500's gain of 3.2% [3] - The current consensus FFO estimate for the upcoming quarter is $0.43 on revenues of$72.42 million, and for the current fiscal year, it is $1.76 on revenues of$298.09 million [7] 分组3 - The Zacks Industry Rank indicates that the REIT and Equity Trust - Other sector is currently in the bottom 33% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]