💨 Abstract

Four Corners Property Trust Inc. (FCPT) reported its second-quarter profitability metrics, meeting Wall Street's expectations. The company reported funds from operations (FFO) of $45 million, or 44 cents per share, matching analyst estimates. FFO is a crucial measure in the REIT industry, adding back items like depreciation and amortization to net income. FCPT also reported net income of $27.9

Courtesy: WTOP Staff