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

Medical Properties Trust

11/05/2024 01:28

* Medical Properties Trust Inc  MPW.N  reported a quarterly
adjusted loss of 7 cents​​ per share for the quarter ended in
March, lower than the same quarter last year, when the company
reported EPS of 5 cents.  The mean expectation of seven analysts
for the quarter was for earnings of 7 cents per share. Wall
Street expected results to range from 3 cents to 11 cents per
share.
    * Revenue fell 22.5% to $271.32 million from a year ago;
analysts
expected $276.45 million. 
    * Medical Properties Trust Inc's reported EPS for the
quarter was
a loss of $1.23​.
    * The company reported a quarterly loss of $735.63 million.
    * Medical Properties Trust Inc shares had fallen by 0.2%
this
quarter and lost 4.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.9%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"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 May 11 at
12:27 a.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
 Mar. 31 2024      0.27           0.24           Missed
 Dec. 31 2023      0.30           0.36           Beat
 Sep. 30 2023      0.36           0.38           Beat
 Jun. 30 2023      0.37           0.48           Beat