Medical Properties Trust (MPW) shares rose 3.2% in recent Thursday trading after the company reported a narrower Q1 net loss.
The company reported a Q1 net loss of $0.20 per diluted share, narrower than a loss of $1.46 a year earlier.
Analysts polled by FactSet expected earnings of $0.01 per share.
Normalized funds from operations were $0.14 per diluted share, down from $0.24 a year earlier.
Analysts polled by FactSet expected $0.14.
Total revenue for the quarter ended March 31 was $223.8 million, down from $271.3 million a year earlier.
Analysts surveyed by FactSet expected $230 million.
Price: 5.70, Change: +0.18, Percent Change: +3.17
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