08:50 AM EDT, 05/09/2024 (MT Newswires) -- Medical Properties Trust ( MPW ) reported Q1 normalized funds from operations Thursday of $0.24 per diluted share, compared with $0.37 a year earlier.

Analysts surveyed by Capital IQ expected $0.25.

Revenue for the quarter ended March 31 was $271.3 million, compared with $350.2 million a year earlier.

Analysts surveyed by Capital IQ expected $283.7 million.

Shares of Medical Properties Trust ( MPW ) were down nearly 4% in recent premarket activity.

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