Medical Properties Trust Q2 Net Loss Sharply Widens
2024-08-01
4962
(fxcue news) - Medical Properties Trust, Inc. (MPW) reported Thursday that second-quarter Funds from operations or FFO was loss of $89.55 million or $0.15 per share, compared to last year's profit of $339.57 million or $0.57 per share.
Normalized Funds from Operations or NFFO was $139.37 million or $0.23 per share, compared to $285.31 million or $0.48 per share in the year-ago quarter.
Net loss attributable to MPT common stockholders sharply widened to $320.64 million or $0.54 per share from $42.04 million or $0.07 per share in the prior-year quarter.
Total revenues for the quarter declined to $266.56 million from last year's $337.40 million.
Analysts on average expected the company to report earnings of $0.06 per share on revenues of $249.22 million, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
Sign In via X
Google
Sign In via Google
This page link：http://www.fxcue.com/45111.html
Tips：This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement：Contact us if the content violates the law or your rights
Tips：This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement：Contact us if the content violates the law or your rights