Medical Properties Trust (MPW) Tops Q4 EPS by 2c, Revenues Miss; Reaffirms FY19 EPS Guidance
Medical Properties Trust (NYSE: MPW) reported Q4 EPS of $0.24, $0.02 better than the analyst estimate of $0.22. Revenue for the quarter came in at $180.58 million versus the consensus estimate of $183.9 million.
“We have begun 2019 by immediately executing the growth plans we laid out late last year,” said Edward K. Aldag, Jr., MPT’s Chairman, President and Chief Executive Officer. “Our recently announced agreements to acquire 11 premier hospitals in Australia for approximately $859 million is the first of what we expect to be several major acquisitions in 2019. We have continued growing our acquisition pipeline and look forward to capitalizing on diverse and accretive opportunities through the coming year.”
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