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Medical Properties Trust's Q2 Adjusted Funds From Operations, Revenue Fall; Shares Drop 7% Pre-Bell
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Medical Properties Trust's Q2 Adjusted Funds From Operations, Revenue Fall; Shares Drop 7% Pre-Bell
Aug 8, 2024 6:18 AM

08:59 AM EDT, 08/08/2024 (MT Newswires) -- Medical Properties Trust ( MPW ) reported Q2 normalized funds from operations Thursday of $0.23 per diluted share, compared with $0.48 a year earlier.

Analysts surveyed by Capital IQ expected $0.23.

Revenue for the quarter ended June 30 was $266.6 million, compared with $337.4 million a year earlier. Analysts surveyed by Capital IQ expected $264.7 million.

Shares of Medical Properties Trust ( MPW ) were down nearly 7% in recent premarket activity.

Price: 4.2700, Change: -0.32, Percent Change: -6.97

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