Posted 1/31/2024, 10:45:20 PM
Medical Properties Stock Plummets Over 37% in Past Month, Hits Zacks Strong Sell Rating Amid Falling Estimates and Expected Revenue Decline
- Medical Properties (MPW) stock has fallen 37.55% in the past month, underperforming the broader market
- MPW is expected to report a 32.56% drop in EPS and a 30.81% revenue decline in upcoming earnings
- Analyst estimates for MPW have moved 7.86% lower recently, indicating declining confidence
- MPW has a Zacks Rank of Strong Sell, suggesting continued underperformance
- The REIT and Equity Trust industry ranks in the top 43% out of 250+ industries, according to Zacks