MedEquities Realty Trust Reports Fourth Quarter 2016 Results and Announces 2017 Guidance

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MedEquities Realty Trust (MRT) Reports Q4 Loss of $0.06

February 27, 2017 4:20 PM EST

MedEquities Realty Trust (NYSE: MRT) reported Q4 EPS of ($0.06), versus $0.13 reported last year. Revenue for the quarter came in at $14.01 million versus the consensus estimate of $15.34 million.

Successfully executed the IPO in October 2016, selling 20,434,567 shares of common stock, including shares sold pursuant to the underwriters' partial exercise of their over-allotment option, for total gross proceeds of $245.2... More