Medical Properties Trust Inc reports results for the quarter ended in June - Earnings Summary

Medical Properties Trust

08/08/2024 16:04

* Medical Properties Trust Inc  MPW.N  reported a quarterly
adjusted loss of 54 cents​​ per share for the quarter ended in
June, lower than the same quarter last year, when the company
reported EPS of -7 cents.  The mean expectation of
eight analysts for the quarter was for earnings of 6 cents per
share. Wall Street expected results to range from 4 cents to 10
cents per share.
    * Revenue fell 21% to $266.56 million from a year ago;
analysts
expected $249.22 million. 
    * Medical Properties Trust Inc's reported EPS for the
quarter was
a loss of 54 cents​.
    * The company reported a quarterly loss of $320.64 million.
    * Medical Properties Trust Inc shares had risen by 6.5% this
quarter and lost 6.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 18.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 8
"hold" and 4 "sell" or "strong sell." 
    * The average consensus recommendation for the specialized
reits
peer group is also "hold"

Wall Street's median 12-month price target for Medical
Properties Trust Inc is $5.00 
This summary was machine generated from LSEG data August 8 at
03:04 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.22           0.23           Beat
 Mar. 31 2024      0.27           0.24           Missed
 Dec. 31 2023      0.30           0.36           Beat
 Sep. 30 2023      0.36           0.38           Beat