Shares of Medical Properties Trust (MPW) plummeted 5.07% in intraday trading on Thursday following the release of the company's first-quarter 2025 earnings report. The healthcare real estate investment trust (REIT) disappointed investors with results that fell short of analysts' expectations and showed significant declines in key financial metrics.

Medical Properties Trust reported quarterly funds from operations (FFO) of $0.14 per share, missing the Zacks Consensus Estimate of $0.15 per share and marking a substantial decrease from $0.24 per share in the same quarter last year. Revenue for the quarter came in at $223.8 million, down 17.5% year-over-year and falling short of the consensus estimate by 5.10%. The company's financial performance was further impacted by impairment charges and fair value adjustments totaling approximately $73 million related to Prospect Medical Group and PHP Holdings.

The sharp decline in MPW's stock price reflects investor concerns about the company's ongoing challenges, including lower rent collections, asset impairments, and the overall health of its portfolio. With a reported net loss of $118.3 million for the quarter, compared to a net loss of $875.4 million in the year-ago period, Medical Properties Trust faces pressure to improve its operational performance and restore investor confidence in its business model and growth prospects.