tiprankstipranks
Medical Properties Trust reports Q4 normalized FFO 43c, consensus 43c
The Fly

Medical Properties Trust reports Q4 normalized FFO 43c, consensus 43c

Reports Q4 revenue $380.49M, consensus $378.6M. "The vast majority of our portfolio is positioned to support a significant inflation-based increase in cash rents for 2023," said Edward K. Aldag, Jr., chairman, president, and CEO. "On the other hand, our initial outlook for this year contemplates a conservative scenario due to the underperformance of Prospect’s Pennsylvania hospitals that we first communicated over a year ago, as well as the process by which we expect to recover our full investment in Prospect’s Pennsylvania and Connecticut hospitals."

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on MPW:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles