Medical Properties Beats Q4 FFO Estimates But Misses on Revenues; Share Price Underperforms Market
• Medical Properties (MPW) posted Q4 funds from operations (FFO) of $0.36 per share, beating estimates of $0.27 per share. This compares to FFO of $0.43 per share a year ago.
• MPW posted revenues of $-122.38 million for Q4, missing estimates by 142.04%. This compares to revenues of $380.49 million a year ago.
• Over the last 4 quarters, MPW has surpassed FFO estimates 3 times.
• MPW shares have lost about 26.7% year-to-date, underperforming the S&P 500's gain of 4.3%.
• For the coming quarter, the current FFO estimate is $0.26 per share on revenues of $285.92 million. Estimates have been trending unfavorably recently.