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Medical Properties Trust reports Q3 EPS (13c), consensus 2c

Reports Q3 revenue $237.52M, consensus $245.79M. Edward Aldag, Jr., chairman, president and CEO, said, “Our recently transitioned portfolio continues to ramp cash rents as expected. Following the successful re-tenanting of our California hospitals, we have increased confidence that pro rata annualized cash rent from our current portfolio will exceed $1 billion by the end of 2026.”

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