FCPT Q3 diluted EPS falls 7% to $0.26; rental revenue rises 14% to $75.68 million
FCPT•Third-quarter 2026 diluted EPS fell 7% year over year to $0.26, while rental revenue rose 14% to $75.7 million. FCPT reported record quarterly acquisitions of $326.3 million across 120 properties, funded entirely with debt, and a new $100 million share repurchase program.
1. Quarterly results and plans
FCPT’s third-quarter 2026 diluted EPS fell 7% year over year to $0.26, while rental revenue increased 14% to $75.7 million. The company acquired 120 properties for a record $326.3 million during the quarter, funded entirely with debt. It also announced a $100 million share repurchase program; management views buybacks as offering greater value than property purchases at current prices.
