Four Corners Property Trust, Inc. (NYSE:FCPT) Q1 2025 Results Conference Call May 1, 2025 12:00 PM ET
Company Participants
Patrick Wernig - Chief Financial Officer
Bill Lenehan - Chief Executive Officer
Josh Zhang - Chief Investment Officer
Conference Call Participants
John Kilichowski - Wells Fargo
Catherine Graves - UBS
Anthony Paolone - JPMorgan
Wes Golladay - Baird
Kyle Katorincek - Janney
R.J. Milligan - Raymond James
Jason Wayne - Barclays
James Kammert - Evercore
Operator
Hello and welcome everyone to the FCPT First Quarter 2025 Financial Results Conference call. My name is Becky, and I'll be your operator today. [Operator Instructions]
I'll now hand over to your host, Patrick Wernig, Chief Financial Officer to begin. Please go ahead.
Patrick Wernig
Thank you, Becky. During the course of this call, we will make forward looking statements, which are based on our beliefs and assumptions. Actual results will be affected by known and unknown factors that are beyond our control or ability to predict. Our assumptions are not a guarantee of future performance and some will prove to be incorrect. For a more detailed description of some potential risks, please refer to our SEC filings, which can be found at fcpt.com. All the information presented on this call is current as of today, May 1st, 2025. In addition, reconciliation to non-GAAP financial measures presented on this call such as FFO and AFFO can be found in the company's supplemental report.
With that, I'll turn the call over to Bill.
Bill Lenehan
Good morning. Following our typical cadence, after my introductory remarks, Josh will comment further on the investment market and Patrick will discuss our financial results and capital position. The start of 2025 continued the momentum we had in the second half of 2024. We took advantage of our sustained strong cost to capital and added to
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