Medical properties: overview of Q4 results

Medical Properties Trust Inc. (MPW) on Thursday announced a key measure of its fourth quarter profitability. The results exceeded Wall Street expectations.

The Birmingham, Alabama-based real estate investment trust said it had operating funds of $278.6 million, or 47 cents per share, during the period.

The average estimate of eight analysts polled by Zacks Investment Research was for funds from operations 46 cents per share.

Funds from operations is a closely watched metric in the REIT industry. It takes net income and adds items such as depreciation and amortization.

The company said it had net income of $206.5 million, or 34 cents per share.

The healthcare real estate investment trust posted revenue of $409.3 million during the period, also beating Street’s forecast. Seven analysts polled by Zacks expected $398 million.

For the year, the company reported funds from operations of $1.04 billion, or $1.75 per share. Revenue was reported at $1.54 billion.

Medical Properties expects full year operating funds in the range of $1.81 to $1.85 per share.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on MPW at