Medical Properties Trust Q4 Loss Narrows, Revenue Rises

MT Newswires Live

02-27

Medical Properties Trust (MPW) reported Thursday a Q4 net loss of $0.69 per diluted share, narrower than its loss of $1.11 per share a year earlier.

Analysts polled by FactSet expected a loss of 0.06 per share.

Normalized funds from operations were $0.18 per share, compared to $0.36 per share a year earlier. FactSet analysts had expected $0.16 per share.

Revenue for the quarter ended Dec. 31 swung to $231.8 million from a deficit of $122.4 million a year earlier.

Analysts surveyed by FactSet expected $229.7 million.

Shares of Medical Properties were more than 2% higher in premarket trading.

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