Four Corners Property Trust (NYSE:FCPT – Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Four Corners Property Trust to post earnings of $0.40 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
Four Corners Property Trust (NYSE:FCPT – Get Free Report) last announced its earnings results on Thursday, February 15th. The financial services provider reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.13). Four Corners Property Trust had a net margin of 38.04% and a return on equity of 7.78%. The firm had revenue of $65.14 million during the quarter, compared to analysts’ expectations of $65.23 million. During the same period in the prior year, the company posted $0.41 EPS. The company’s revenue was up 13.6% compared to the same quarter last year. On average, analysts expect Four Corners Property Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Four Corners Property Trust Trading Up 1.7 %
Shares of FCPT opened at $23.67 on Wednesday. Four Corners Property Trust has a twelve month low of $20.51 and a twelve month high of $27.60. The company has a market cap of $2.18 billion, a P/E ratio of 21.87 and a beta of 1.00. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.35. The company’s fifty day simple moving average is $23.83 and its 200-day simple moving average is $23.56.
Four Corners Property Trust Dividend Announcement
Wall Street Analyst Weigh In
FCPT has been the topic of a number of research analyst reports. Raymond James cut their price target on shares of Four Corners Property Trust from $29.00 to $28.00 and set an “outperform” rating on the stock in a report on Monday, January 8th. Wells Fargo & Company upped their price target on shares of Four Corners Property Trust from $24.00 to $25.00 and gave the stock an “overweight” rating in a report on Tuesday, February 20th.
Get Our Latest Research Report on Four Corners Property Trust
About Four Corners Property Trust
FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries.
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