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Medical Properties Trust Q3 Adjusted FFO, Revenue Decline; Shares Fall
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Medical Properties Trust Q3 Adjusted FFO, Revenue Decline; Shares Fall
Nov 7, 2024 10:38 PM

09:30 AM EST, 11/07/2024 (MT Newswires) -- Medical Properties Trust ( MPW ) early Thursday reported Q3 normalized funds from operations of $0.16 per diluted share compared with $0.38 a year earlier.

Analysts polled by Capital IQ expected $0.21.

Revenue for the quarter ended Sept. 30 was $225.8 million, compared with $306.6 million a year earlier.

Analysts expected $239.7 million.

Medical Properties ( MPW ) shares were falling over 4% in early trading.

Price: 4.39, Change: -0.20, Percent Change: -4.36

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