Four Corners Property Q3 FFO $0.43, Inline, Sales $66.79M Miss $67.36M Estimate
Portfolio Pulse from Benzinga Newsdesk
Four Corners Property Trust (FCPT) reported Q3 funds from operations (FFO) of $0.43 per share, which met expectations. However, their sales of $66.79 million fell short of the $67.36 million estimate.
October 30, 2024 | 8:35 pm
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Four Corners Property Trust reported Q3 FFO of $0.43, meeting expectations, but sales of $66.79M missed the $67.36M estimate.
While FCPT's FFO met expectations, the sales miss could indicate potential challenges in revenue generation, which might negatively impact short-term stock performance.
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