Medical Properties Trust, Inc. Reports Second Quarter Results

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Go back to  Medical Properties Trust, Inc. Reports Second Quarter Results

Medical Properties Trust (MPW) Misses Q2 EPS by 5c, Revenues Miss

July 30, 2020 8:11 AM EDT

Medical Properties Trust (NYSE: MPW) reported Q2 EPS of $0.21, $0.05 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $291.84 million versus the consensus estimate of $312.07 million.

Net income of $0.21 and Normalized Funds from Operations (NFFO) of $0.38 in the second quarter, both on a per diluted share basis;Expected full-calendar year 2020 cash rent and interest collections of 98%; deferrals of current rent and interest due will end by the fourth quarter, and amounts remaining unpaid will be collected pursuant to defined repayment arrangements;Acquired in early July for $200... More