Equity Profile

FCPT

Four Corners Property Trust, Inc.

Real EstateOther Specialized REITs$2.8B

Apr29Wed

Post-Earnings Recap

ReportedQ1-2026After Close4:05 PM EDT

Four Corners Property Trust, Inc. Beats on EPS, Stock Down 0.78%

Metric	Actual	Expected	Surprise
EPS	$0.42	$0.28	+0.00%
Revenue	N/A	$76M	N/A

management commentary, guidance changes, and full analysis available with Pro.

Four Corners Property Trust, Inc. Beats on EPS, Stock Down 0.78%

Key Numbers

Metric	Actual	Expected	Surprise
EPS	$0.42	$0.28	+0.00%
Revenue	N/A	$76M	N/A

Management Commentary

Tone: Unknown

No transcript is on record, and the analysis is based on numerical results only.

What It Means

Four Corners Property Trust reported an EPS of $0.42, significantly above the expected $0.28. However, the stock reacted negatively, declining by 0.78%. The lack of revenue data and management commentary may have contributed to investor uncertainty.

Company Snapshot

Four Corners Property Trust, Inc. (FCPT) is a real estate investment trust (REIT) that primarily focuses on acquiring and leasing properties in the restaurant sector....

Key Metrics to Watch

EPS

Earnings per share (EPS) is a key indicator of profitability and will show how well the company is managing its operations.

0.28

Revenue

Revenue figures will provide insight into the company's overall sales performance and growth trajectory.

76M

Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

Four Corners Property Trust, Inc. (FCPT) is a real estate investment trust (REIT) that primarily focuses on acquiring and leasing properties in the restaurant sector. With a market cap of $3 billion, it plays a significant role in the specialized REIT industry, particularly as consumer spending patterns shift in the post-pandemic landscape.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

25%

Avg EPS Surprise

-0.19%

Avg Stock Reaction

-0.56%

Last Quarter Recap

In the last quarter, FCPT reported an EPS of $0.43, matching analyst expectations. The stock saw a slight decline of 0.36% the following day, indicating cautious investor sentiment.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect FCPT to report earnings that align closely with consensus estimates, reflecting steady performance in a challenging economic environment.

Bull Case

If FCPT exceeds EPS expectations and shows strong revenue growth, it could signal robust demand for its properties and boost investor confidence.

Bear Case

Conversely, if the company misses earnings expectations or shows signs of declining revenue, it could lead to a significant drop in stock price.

Key Metrics to Watch

EPS

0.28

Earnings per share (EPS) is a key indicator of profitability and will show how well the company is managing its operations.

Revenue

76M

Revenue figures will provide insight into the company's overall sales performance and growth trajectory.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will FCPT's EPS exceed the consensus estimate of $0.28?

A beat on EPS could indicate stronger operational performance and could positively influence investor sentiment.

What revenue figure will FCPT report, and how does it compare to the consensus of $76 million?

Revenue is critical for assessing the company's growth and ability to attract and retain tenants, especially in the current economic climate.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate FCPT's ability to leverage its property portfolio effectively, leading to stronger-than-expected revenue growth.

Supporting Evidence

FCPT has a history of beating EPS estimates 75% of the time, indicating potential for positive surprises.

The options market is pricing a significant move, suggesting that investors expect volatility that may not align with current consensus.

Key Risk

If revenue exceeds $78 million, it could challenge the current cautious outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is closely watching FCPT's ability to maintain profitability and revenue growth amidst changing consumer behaviors.

Bull Confirmed If

An EPS of $0.30 or higher, coupled with revenue exceeding $78 million, would confirm the bull case.

Bear Confirmed If

An EPS below $0.27 or revenue falling short of $71 million would support the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±27.36%

Historical Avg

±1.0%

Pricing rich

The options market is pricing in a substantial move, indicating that investors anticipate volatility around the earnings report.

Options are pricing ±17.5% while FCPT has averaged ±1.0% over the last 8 prints — setup is pricing rich.

Detail

30d HV

21.7%

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If FCPT beats estimates, history suggests a potential average one-day move of +0.46%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may react cautiously, reflecting uncertainty in future growth.

Miss

A miss on earnings could lead to a decline, with historical data suggesting an average one-day drop of -0.81%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new property acquisitions or lease agreements.
2Management's commentary on tenant performance and retention rates.
3Insights into how consumer spending trends are impacting the restaurant sector.
4Details on any changes in operational costs or capital expenditures.
5Future guidance on expected revenue growth and market conditions.

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Company Snapshot

Four Corners Property Trust, Inc. (FCPT) is a real estate investment trust (REIT) that primarily focuses on acquiring and leasing properties in the restaurant sector....

Key Metrics to Watch

EPS

Earnings per share (EPS) is a key indicator of profitability and will show how well the company is managing its operations.

0.28

Revenue

Revenue figures will provide insight into the company's overall sales performance and growth trajectory.

76M

Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

25%

Avg EPS Surprise

-0.19%

Avg Stock Reaction

-0.56%

Last Quarter Recap

In the last quarter, FCPT reported an EPS of $0.43, matching analyst expectations. The stock saw a slight decline of 0.36% the following day, indicating cautious investor sentiment.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect FCPT to report earnings that align closely with consensus estimates, reflecting steady performance in a challenging economic environment.

Bull Case

If FCPT exceeds EPS expectations and shows strong revenue growth, it could signal robust demand for its properties and boost investor confidence.

Bear Case

Conversely, if the company misses earnings expectations or shows signs of declining revenue, it could lead to a significant drop in stock price.

Key Metrics to Watch

EPS

0.28

Earnings per share (EPS) is a key indicator of profitability and will show how well the company is managing its operations.

Revenue

76M

Revenue figures will provide insight into the company's overall sales performance and growth trajectory.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will FCPT's EPS exceed the consensus estimate of $0.28?

A beat on EPS could indicate stronger operational performance and could positively influence investor sentiment.

What revenue figure will FCPT report, and how does it compare to the consensus of $76 million?

Revenue is critical for assessing the company's growth and ability to attract and retain tenants, especially in the current economic climate.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate FCPT's ability to leverage its property portfolio effectively, leading to stronger-than-expected revenue growth.

Supporting Evidence

FCPT has a history of beating EPS estimates 75% of the time, indicating potential for positive surprises.

The options market is pricing a significant move, suggesting that investors expect volatility that may not align with current consensus.

Key Risk

If revenue exceeds $78 million, it could challenge the current cautious outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is closely watching FCPT's ability to maintain profitability and revenue growth amidst changing consumer behaviors.

Bull Confirmed If

An EPS of $0.30 or higher, coupled with revenue exceeding $78 million, would confirm the bull case.

Bear Confirmed If

An EPS below $0.27 or revenue falling short of $71 million would support the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±27.36%

Historical Avg

±1.0%

Pricing rich

The options market is pricing in a substantial move, indicating that investors anticipate volatility around the earnings report.

Options are pricing ±17.5% while FCPT has averaged ±1.0% over the last 8 prints — setup is pricing rich.

Detail

30d HV

21.7%

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If FCPT beats estimates, history suggests a potential average one-day move of +0.46%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may react cautiously, reflecting uncertainty in future growth.

Miss

A miss on earnings could lead to a decline, with historical data suggesting an average one-day drop of -0.81%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new property acquisitions or lease agreements.
2Management's commentary on tenant performance and retention rates.
3Insights into how consumer spending trends are impacting the restaurant sector.
4Details on any changes in operational costs or capital expenditures.
5Future guidance on expected revenue growth and market conditions.