Investing.com - Four Corners Property Trust Inc reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Four Corners Property Trust Inc announced earnings per share of $0.30 on revenue of $48.7M. Analysts polled by Investing.com anticipated EPS of $0.29 on revenue of $48.86M.
Four Corners Property Trust Inc shares are down 58% from the beginning of the year and are trading at $26.64 , down-from-52-week-high.
Four Corners Property Trust Inc shares gained 3.62% in after-hours trade the report.
Four Corners Property Trust Inc follows other major Real Estate sector earnings this month
Four Corners Property Trust Inc's report follows an earnings beat by Prologis on October 19, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
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