Medical Properties Trust Inc reports results for the quarter ended in September 30 - Earnings Summary

Medical Properties Trust

07/11/2024 17:18

* Medical Properties Trust Inc  MPW.N  reported a quarterly
adjusted loss of $1.34​​ per share for the quarter ended
September 30, lower than the same quarter last year, when the
company reported EPS of 19 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 2 cents to 15
cents per share.
    * Revenue fell 26.3% to $225.83 million from a year ago;
analysts
expected $247.23 million. 
    * Medical Properties Trust Inc's reported EPS for the
quarter was
a loss of $1.34​.
    * The company reported a quarterly loss of $801.16 million.
    * Medical Properties Trust Inc shares had fallen by 21.5%
this
quarter and lost 6.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 7.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "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 November 7 at
05:18 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
 Sep. 30 2024      0.20           0.16           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