Four Corners Property Trust (FCPT) Meets Q1 FFO Estimates

Four Corners Property Trust (FCPT) came out with quarterly funds from operations (FFO) of $0.44 per share, in line with the Zacks Consensus Estimate. This compares to FFO of$0.43 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 $0.42 per share when it actually produced FFO of$0.44, delivering a surprise of 4.76%.Over the last four quarters, the company has surpassed consensus FFO estimates just ...